Business Banking

Business Cash Management

Customized Solutions

One of the most overlooked areas is cash management in business. You can increase profits just by having the right cash management tools. Monroe Bank & Trust's Business Services Group offers ways to monitor and control the flow of money through your organization or business in order to quickly and easily access your funds. That increases revenue, decreases interest expense, and improves your bottom line.

Take control of your payables

We offer all the cash management tools that you need to run your business. That includes wire transfers, and on the payroll side, online tax payments, direct deposit and payroll cards, as well as payroll services and human resources compliance, and much more...

Online Bill Payment1 – MBT offers this service for free! It offers easier navigation, and makes online payments more convenient. You can set your payments to match the exact dates that you want them to happen. You can also view electronic versions of some of your paper bills, and even pull bills from many of your payees directly into the system.

ACH Payables – Manage your payables more quickly and efficiently, with this simple, streamlined way to manage outgoing transactions.

  • Improved forecasting with scheduled payments.
  • Operational efficiency and accuracy over manual check payment processing.
  • Eliminates the need for check writing and mailing of regular disbursements.
  • Ideal for recurring disbursements including: payroll, annuity or pension payments, interest and dividends, expense reimbursements and accounts payable.

Take control of your Receivables

We have all the tools that you need to ensure quick and efficient receipt of income and receivables.

ACH Collections - MBT's Automated Clearing House Collection Services allows your customers to authorize electronic debits from their accounts when payments are due, reducing late payments.

  • Improved forecasting with scheduled payment collections.
  • Operational efficiency and accuracy over manual check processing.
  • Fast conversion of receipts to cash flow cuts down float time.
  • Ideal for recurring customer invoicing for gym memberships, lawn services and other companies collecting payments on a regular basis.

Merchant Card Service – Accept payments from your clients and customers any way they want to pay. Accept Visa, Mastercard, Discover and American Express, as well as PIN-based and signature-based debit cards.

Remote Deposit Capture – With eBusiness Deposit from Monroe Bank & Trust you can make your business deposits electronically, anytime of the day or week! No more running to the bank to make deposits!

By equipping your office with a secure desktop scanner and the software to run it, you can scan checks from your desktop. Set it up for single or multiple locations. Prepare documents efficiently, save employee and management time, and reduce labor costs! eBusiness Deposit is a safe and secure way to deposit checks.

Lockbox Services – We establish a P.O. Box for your company, then payments are processed and deposited within hours of receipt. No effort on your part is required! Lockbox Services reduces float time and accelerate collection.

Electronic Check Recovery – Are you over dishonored or returned checks? This free service ensures faster settlement of funds and higher rates of collection. Will that help your business?

Additional cash management tools

If it has anything to do with commercial cash management, Monroe Bank & Trust has you covered!

Sweep Services – If you have excess cash sitting in your primary business checking account, an MBT Sweep Account will convert it into interest-bearing deposits! Daily transfers of excess funds into an investment account where you earn interest, or into a line of credit, reducing your interest costs.

Account Reconciliation – If your business writes a lot of checks, MBT’s Account Reconciliation Services provides complete reconciliation of your account. High-level processing ensures control, information, audit reporting and account managing capabilities.

 The Partial List Service provides reports of all checks paid, while the Full Reconciliation Service provides complete reconciliation of your account, showing checks issued, but not paid. If you feel like you’re losing control of your account because of all of the checks you have outstanding, this is the service for you.

Positive Pay – Protect your business from checking fraud! Positive Pay automatically finds suspect items on your business check register, and flags them for review. You can then decide which items to pay, and which to return. Stop getting burned by bad checks!

ACH Filter – Check fraud isn’t the only type of banking fraud you need to be concerned with - ACH fraud is on the rise! An ACH filter enables you to set up customized filters that allow you to block certain transactions, as well as to receive email alerts for unauthorized ACH activity. 

Business cash management is one of the most overlooked areas of business. Let us help you find the many ways that you can improve the speed and efficiency of cash collections and payments. Contact one of our Business Services Team members, and we’ll get right to work!

Contact business services  

or call 800-321-0032 to explore how these solutions can help your business.

  • Mobile Banking - 2274 Mobile Banking2
    Check account balances, transfer money and pay bills on-the-go with MBT mobile banking apps
  • Meet Our Business Services Team - 2275 Meet Our Business Services Team
    Experience the MBT Difference
  • Mobile Bill Payment - 2276 Mobile Bill Payment1
    Pay all your bills quickly and easily online or with our Mobile App2. We'll cover the postage!
  • Mobile Check Deposit - 2277 Mobile Check Deposit
    Save time and a trip to the branch or ATM. Deposit checks on the go anytime, anywhere.
  • Business Checking - 2278 Business Checking
    We've got the right checking solution for your business, no matter your size
  • ACH Services - 2279 ACH Services
    Explore ACH options for simple, streamlined ways to manage both outgoing and incoming transactions
  • Merchant Card Services - 2280 Merchant Card Services
    No matter your business, no matter your volume, we offer simple solutions for payment processing
  • Online Banking - 2281 Online Banking
    MBT eBusiness Access Online Banking provides account access, as well as online payable and receivable solutions
  • Remote Deposit Capture - 2282 Remote Deposit Capture
    Use your desktop scanner and deposit checks 24/7 from your office
  • Business Lending - 2283 Business Lending
    Offering unique lending solutions tailored to each businesses’ funding and financial management needs.

 

1 A $7.00 inactivity fee for MBT Online Bill payment applies if the account goes unused for 30 days. The fee stops on the next billing cycle if online bill pay is resumed.

2 Mobile Banking is a free service from MBT. However, you may be charged access rates depending on your carrier. Web access is needed to use Mobile Banking. Check with your service provider for details on specific fees and charges.

 

Choose an account type