Find us on Facebook

Disbursement

Move funds more efficiently with these automated services.

  • Wire Transfers – Initiate transfers safely and conveniently, and receive confirmations via fax or email
  • ACH Tax Payments - Automate paying your company's state and federal payroll taxes online
  • Direct Deposit – Provides timely payment of payroll and pension benefits directly into an employee account at any U.S. Bank
  • Preauthorized Credit – Disburse regular payments directly to your vendors and customers 
  • Zero Balance Account – Eliminate manual transfers and overdraft transfers. This account will automatically fund to cover incoming debit transactions, and then reconcile to a zero balance once the transactions have posted
  • CD-ROM Imaging- Quickly research and retrieve cleared check images 
  • Controlled Disbursement- Provides early morning notification of total disbursement items, giving you pinpoint accuracy and control of your business accounts
  • Positive Pay - Review potentially fraudulent transactions before they impact business accounts.  Items that do not match your check issue file are reported online as exceptions.  Stay in control by deciding to pay or return items at your convenience
  • ACH Fraud Control- Choose to block all ACH transactions or reject unauthorized ACH transactions based upon provided list of designated originators

For more information on how you can take advantage of TowneBank's Treasury Services, please contact your Hometown Banker.




A plug-in required to play this video is not installed.