Potent Payables
This service is an inexpensive and safe alternative to sending a wire.
What is ACH?
This service enables a customer to scan their checks into the bank using a scanner and a desktop or laptop.
What is Remote Deposit Capture?
This service provides monitors account debits to reduce fraud losses.
What is a Check/ACH Positive Pay?
The three Treasury Services products included in the Advantage Business Checking bundle.
What are Business Online Banking Plus, ACH Origination and Positive Pay?
The combined average DDA balances required to offset the Advantage Business Product's account and bundle fees.
What is $35,000?
Another term for paying employees using ACH origination.
What is Direct Deposit?
This is the discounted monthly price of RDC that is offered as an add on to the Advantage Business Checking bundle.
What is $30?
A poor control that could facilitate internal fraud at a company.
What is sharing online banking log in credentials?
An easy way to eliminate an existing USB customer as a candidate for the new product.
What is check for a TRREL number in Sales Management?
The services that can waive a $15 monthly account fee for an Advantage Business Checking customer.
What are merchant services and a USB business credit card?
The amount (per transaction) an Advantage Business Checking customer will pay to send payments via ACH origination.
What is $0.24?
An alternate to Remote Deposit Capture or branch deposits.
What is mobile deposit?
The information needed for a fraudster to initiate an ACH debit to an account.
What are the routing and account numbers?
The product features that reduce fraud.
What are Business Online Banking Plus and Positive Pay?
The amount a customer will pay for each Positive Pay exception.
What is $0.60?
The maximum amount an Advantage Business Checking customer can originate in a rolling 30 day period.
What is $50,000?
The cut off time for a deposit to be available in an account the next business day.
What is 6 pm (on a business day)?
The frequency which a business owner should monitor account activity for fraud.
What is daily?
The customer training on the bundled products that the Call Center will complete as part of the workflow.
What is onboarding?
The amount a customer will pay to upload 100 checks to the Positive Pay system.
What is $20?
The SEC code an ACH originator must use when paying employees.
What is PPD?
The number of checks that can be deposited monthly for no additional charge with Small Business Remote Deposit Capture.
What is 100?
The control that divides the responsibility for initiating payments between two or more individuals.
What is dual control?
The information the customer should have ready for their appointment with the CSC.
What are a check file, contact information of the primary user/company administrator, and the ABA and account number of an ACH recipient?
The standard (non-bundled) price for the treasury services included in the Advantage Business Checking product.
What is $86?