Cash Management
Services to help your business manage its cash flow.
Maximizing your business’s cash flow is an important task.
At Jewett City Savings Bank, we offer a range of cash management services so your business has the tools it needs to make managing your cash flow easy.
Cash management tools help business owners
Monitor account
activity
Facilitate
business purchasing
Maximize
cash flow
Process debit and
credit card transactions
Manage
payroll
Positive Pay
Positive Pay is a fraud prevention service that can help you to detect and prevent check and ACH fraud on your business checking account. It monitors check and ACH transactions presented on your business account. If a transaction does not match your records, you are notified of the exception and you make the decision whether it should be paid or rejected. Positive Pay gives you the power to stop check and ACH fraud and reduce the risk of losses due to counterfeit or altered checks or unauthorized ACH transactions.
Remote Deposit Capture
With Remote Deposit Capture, we will provide you with a dedicated scanner to transmit checks for deposit directly to your accounts at Jewett City Savings Bank. Not only does it save you time and a trip to the Bank, but it also helps you optimize your cash flow by getting deposits into your account faster.
Only make a few check deposits each week? You may want to consider Mobile Check Deposit through Mobile Banking.
ACH Services and Wire Transfers
With our ACH Services application, you can originate payroll direct deposits for your employees and other types of payments, including tax, loan, and bill payments.
And, our wire transfers application allows you to create and submit outgoing wire transfers from within the Online Banking application. You can even develop templates that are saved within the module for wire transfers that you process frequently.
Both applications let you create users and establish authorization levels to permit them to initiate or approve ACH payment and wire transfer transactions.
Sweep Account Services
You can automatically maintain a specific balance in your business checking account with our sweep services. At the end of each business day, funds exceeding the specified target balance in your business checking account are automatically transferred to one of your business money market accounts. If the balance in your business checking account falls below the specified target, funds are automatically transferred from your business money market account, helping you to avoid an overdraft and related fees.
Your Life. Your Bank.
Use our information request form, visit any of our offices, or give us a call at 860-376-4444 and find out how Jewett City Savings Bank can help you.