Business Online Banking
Business Online Banking is the start of making better financial decisions for your business.
Remote Deposit Capture
Deposit checks electronically using a scanner. Quick way to deposit checks so your business can utilize the funds.
Wire Transfer Services
When your business requires moving funds domestically or internationally, Minster Bank will make it happen. Wire transfers allow for same-day movement of funds.
- Funds Transfers: Transfers can be wired according to specific instructions.
- Security Features: A prearranged agreement can allow wire transfers to be initiated by telephone. Personal identification Number (PIN) codes can be assigned to authorized personnel.
- Convenience: You can initiate transfers by visiting any of our banking offices or by telephone (if PIN code has been assigned.
Payroll Services
We offer two solutions for your payroll processing:
Payroll Services
A cost-effective and fast way to handle payroll for your business. It's also ideal for other kinds of payments, including insurance, pension, and expense payments.
Paycor
Making sure that your payroll, tax filing, and direct deposits are processed accurately and on time shouldn't be a major effort for your business. Our partnership with Paycor helps provide simple business solutions to assist business owners with these tasks. Paycor's payroll solutions are designed to offer outstanding services to companies with one employee to thousands.
Electronic Collections Service
A cost-effective, fast way to convert receivables into working cash.
Improved Cash Flow
Compared to receiving payments by mail, ACH Collection increases both accuracy and speed of collecting payments. You may eliminate the float associated with paper checks. You'll know exactly which items will post on which business day.
Enhanced Customer Service
Your customers benefit by eliminating check writing and postage expenses. Plus, there's less paperwork for your company.
Lower Costs
You save money by eliminating costs associated with processing payments. You also save on late billing procedures and security costs.
Fast, Efficient Processing
You submit data to Minster Bank two days before settlement date. Your account at Minster Bank is credited for the total amount of all payments, and your customers' accounts are charged on the settlement date. If you wish to take advantage of future-dated transactions, your ACH debits can be submitted in advance.
