PAYMENT SOLUTIONS
ACH Origination: Reduce costs associated with check processing while improving control of payments timing. Send ACH credit transactions for employee payroll, vendor payments, and more.
Wire Transfer: Move money quickly, reliably and safely. Send money to any bank in the United States by initiating wires through online banking.
RECEIVABLES SOLUTIONS
Remote Deposit Capture: Save time and money by reducing trips to the bank. Simply scan paper checks and submit deposits through our secure online banking platform. Enjoy the convenience of depositing your checks without having to leave your office.
ACH Origination: Reduce Accounts Receivable aging while increasing efficiency. Initiate ACH debit transactions to electronically collect deposits such as customer payments, rental income, membership dues, progress payments, etc.
FRAUD PREVENTION
Check Positive Pay: Protect your business accounts from potential check fraud. Tell us which checks you’ve written and we’ll alert you to any checks presented for payment that do not match. Easily make pay or return decisions via online banking.
ACH Block & Filter: Add an additional protective layer against fraud by quickly identifying and managing unauthorized ACH transactions. Establish filters for review of ACH transactions or block these transactions completely.
SWEEP SERVICES
Zero-Balance Account (SBA): Optimize your cash management by automatically sweeping funds into or out of your FMS Bank accounts. Transfer available funds from a depository account into your operating account or move funds into your payroll account, all without having to touch a thing.
Loan Sweep: Reduce borrowing costs by automatically transferring excess funds to pay down outstanding loan balances and/or transferring from your line of credit into to your operating account in exact amounts, only when needed.
Insured Cash Sweep (ICS): Expand FDIC insurance coverage while maintaining liquidity by spreading excess funds across a network of participating banks. Set a target balance for your funds at FMS Bank and benefit from the convenience of managing your cash through one single account.
Please contact an employee for further information regarding applicable fees and terms.