Payables
New and existing Citizens clients can originate this type of credit transaction if the transaction is less than or equal to $25,000
Reporting mechanism that provides companies with the ability to track multi-location deposits within one account
Current accessMONEY Manager® users can login and use this FREE application for Positive Pay Decisioning, Approve pending transactions, Wire Initiation using accessMONEY Manager templates, Real Time Internal Funds Transfer, Wire Release, and many more options
Clients set a dollar threshold (minimum is $1,000) and every check that clears above that threshold is reviewed to make sure the correct signatures are present
Use the card just as you would use your debit card and pay it off each month to avoid fees and earn rewards back
An account set up that enables a client to keep all funds in one account, but maintain and initiate payments from multiple accounts decreasing the risk of overdrafts
Typically these clients receive small-to-moderate numbers of large dollar remittances for corporate-to-corporate payments. Clients instruct their customers to remit payments to an assigned P.O. Box, which is owned and administered by the bank
This solution accelerates your cash flow by collecting client payments at a bank managed PO Box. All payments are deposited and information provided to the client with timely online payment data reporting.
ACH and Wire payments are required to go through this type of approval process.
By granting a customer this status, our US dollar clearing agent will charge Citizens Bank a processing fee rather than take their fee from the beneficiary of the wire transfer. To cover this charge a $25 fee will be charged up front to our customer who originates the international wire.
This allows you to deposit check images electronically helping improve work-flow and potentially increases productivity
This NON token needed solutions provides a simplified check deposit process that allows clients to capture and transmit digital images of checks right from their place of business using an on-site workstation or from their mobile device.
This is a secure and affordable alternative to checks if you are coordinating a high volume of transactions such as payroll, multiple vendors or concentrating funds across several banks
Clients who utilize a this service, which is provided by a third party vendor, may receive Advance Credit for cash deposits
This online platform provides clients with the ability to obtain account information via previous- and current-day reports and manage their Treasury services.
Upon receipt of the notification, the user has the opportunity to review the ACH debit transaction and decide if it should be paid or returned, if its approved you have the opportunity to create a new ACH Debit Filter to authorize future occurrences of these types of transactions
Customers have the ability to initiate this domestic or international payment for future dates up to 30 days in advance. It must be for a fixed dollar amount and have a fixed date.
This electronic transaction type enables customers to electronically collect funds from their business clients
Account structure that is used as a special purpose account for your client custodial account deposits and disbursements. Ideal for businesses that hold their clients funds (Real Estate, Lawyers, Property Managers, etc).
Great! Unfortunately fraud is increasing across small businesses. 2016 highest instance of fraud in America, anyone can commit fraud because it is so simple, repurcussions of fraud occurring (lost funds, frozen accounts, reputational risk, etc).