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Citizens offers a wide variety of Cash Management services to complement your business transaction accounts. These services provide the precision, flexibility and return you expect from a high performing bank.
Products and Services:
ACH Services
Use our ACH services to pay or collect funds with greater efficiency and safety.
Remote Deposit Capture Service
Our Remote Deposit Capture Service allows you to image your check deposits and send them to the bank for deposit to your account without leaving your office.
Positive Pay
We help you safeguard your business against check fraud. Only authentic, authorized checks will be paid from your business account.
Wire Transfers
Depending on your individual business needs, arrangements can be made to transfer funds electronically.
Drawdown Wire Transfers (Reverse Wire Transfer)
Allows a third party to initiate a wire transfer in accordance with the terms of a predefined agreement. This may be a perfect fit for repetitive fund transfers.
Sweep Accounts
A Sweep Account is an account set up in conjunction with one's cash management activities where the funds are automatically managed between a demand deposit account and a secondary investment and/or loan account. A Sweep account eliminates time-consuming cash management tasks by automatically transferring funds to reduce interest expense and/or earn interest income on excess cash, optimizing peaks in one's cash flow. Monies invested in Sweep Accounts are not covered under FDIC Insurance.
Merchant Services – Credit Card Processing
If your business accepts credit cards, we can provide outstanding service, state-of-the-art technology, and efficient electronic payment solutions.
Business CDs
Set aside money for a specific period of time and earn higher interest rates. We offer a broad range of terms.
Business Overdraft Privileges
Rather than returning non-sufficient items unpaid, we will consider making payment of reasonable overdrafts on your Business Checking account subject to program terms and conditions.
Zero Balance Accounts
Consolidate your company’s cash into one primary account while maintaining the flexibility of having multiple secondary expense accounts.
CD Statements
Receive your statement on CD-Rom. Search capabilities are available.
Check Images
View front and back of your checks within Business Online Banking.
eStatements
Receive an email alerting you your statement is ready. Login to Business Online Banking to view, save or print your statement. |
