Cash Management Services
Smart tools to simplify the way your business manages money.
Our Cash Management solutions give you efficient, reliable ways to handle everyday financial tasks so you can focus on running your business. From making payments to collecting funds, you’ll have the flexibility and control you need—all backed by local support you can count on.
With Cash Management, you can:
- Manage collections and receivables
- Make EFTPS tax payments
- Send and receive ACH transactions
- Streamline check deposits with Digital Deposit – Remote Capture
| Online banking* | - Web-based Treasury Management system available 24/7
- Allows multiple users with multiple security levels
- Allows multiple businesses under one umbrella
- Initiate stop payments and internal transfers
- View statements and check images
- Access Bill Pay, ACH Origination and Positive Pay
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| ACH Origination* | - Electronically send and collect payments through the Automated Clearing House (ACH) network
- Initiate payroll direct deposits, send money to vendors, and pull payments from customers
- Offering same day and custom effective date of credits and debits
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| Positive Pay | - A fraud detection solution to enhance cash control and minimize risk from unauthorized or altered checks
- Businesses upload a list of issued checks for the bank to match to cleared items
- Businesses review the daily exception report and notify the bank if an exception item should be paid or not
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| Remote Deposit Capture* | - Conveniently deposit checks from your home or office 24/7
- Uses a computer and desktop check scanner to create and send check images to the bank for deposit
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| Merchant Card processing* | - Accept electronic payments from debit or credit cards
- Next day deposit and detailed reporting available
- NWB partners with Evolv to provide this service
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| Miscellaneous* | - Business Debit Card Mastercard- Flexibility for each employee card to have its own daily spending limit
- Health Saving Account - For business employees with a high deductible health insurance package
- Sweep Service - Electronic fund transfer to cover a specific minimum balance in an account
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*Fees may apply to services. Please contact a Northwest Bank representative for more information.
Get Started Today
Put your business on a smarter path with Cash Management. Northwest Bank is ready to help you manage your business’s cash more efficiently. Contact us to find out how we can help you with our cash management services.
