CASH MANAGEMENT SERVICES
Save time and money by using online and electronic banking services for your cash managment needs and to achieve maximum efficiency. People's Business Online Banking and Electronic Services were created to help you spend less time on your finances while still achieving superior results. You or your bookkeeper will appreciate the ease and acessibility of funds management through Online Banking, Bill Pay, People's ACH Pay Source and Sweep Accounts. With the ability to view your account information as often as necessary, you can stay current with your financial situation to help you achieve your goals.
Enjoy these cash management services:
Business Online Banking
- View current account activity
- View check images and statements
- Account statements available back 18 months
- Transfer funds between accounts
- People's Bank loan payments and history
- Request wire transfers
- Stop payment requests
- Federal Tax Payments Online
- QuickBooks/Quicken File Interface
ACH Fund Transfer / ACH Origination (fees apply)
ACH fund transfer/origination allows you to easily and conveniently pay bills and generate payroll deposits to your employees accounts.
Business Bill Pay (monthly fee applies)
- Pay bills online
- Schedule recurring payments
- Check payment history
- Set reminders to pay bills
- View calendar showing payment totals
- Process low volume payroll
- Save on the cost of checks and stamps
Sweep Accounts (monthly fee applies)
Maximize your earnings with a sweep account! This account will pull funds from your designated account, or line of credit on an as needed basis. This leaves your funds in your interest bearing account until they are actually needed to cover expenses, increasing your interest earnings. If your funds are coming from a line of credit, your sweep account will help to reduce finance charges. Your People's Bank account officer will help you set up your sweep accounts to best fit your situation.
Online Tax Payments
Make paying taxes easier through our Online Tax Payment service. Eliminate the post office from your checklist as you send tax payments online from your computer.
Domestic & Foreign Wire Requests (fees apply)
For your convenience, wire requests can be requested online through People's Online Advantage. We will still contact you for verification and ensure security of your account.
Positive Pay (monthly fee applies)
Effective risk management solution that provides the ability to monitor and combat fraudulent activity.
Remote Deposit Capture (fees apply)
Remote Deposit Capture (RDC) is safe, secure, and simple. RDC utilizes a desktop scanner that connects to your PC and the Internet. With it, you can scan checks received from customers and make deposits electronically to your People's Bank accounts, anytime day or night. It's the quickest way to turn check deposits into cash.
QuickBooks Account Reconciliation
Keep your financial information up to date by exporting transactions from online banking to QuickBooks.
Merchant Bankcard Program (fees apply)
This program provides you with the resources, convenience, and technology you need to service your customer's credit card transactions.