Positive Pay
Ernst & Young estimates annual losses due to check fraud to exceed $10 billion. Reduce the likelihood of check fraud with Firstrust Bank’s Positive Pay Service.
Through our online system, Positive Pay offers you the ability to compare checks that have been presented for payment with your check issue information. You can easily identify any suspicious items and instantly determine which should be paid and which should be returned.
Firstrust’s secure Internet Banking Service provides a safe and efficient way to detect fraudulent items such as checks with duplicate serial numbers or checks that have been voided, stolen or altered.
At Firstrust, it’s our business to keep your business assets safe and secure. Call a Firstrust Banking Specialist at 800-220-BANK (2265) to put Positive Pay to work for you.
ReadyDeposit®
At Firstrust Bank, we know you would rather be focused on your customers' needs than your banking needs. Save time and deposit your checks without ever leaving your office with our ReadyDeposit System.
ReadyDeposit is a fast, easy and secure way for your business to make check deposits.
What this means to you:
- Check scanner is connected to your computer
- No copying checks - front and back images are stored for you
- Eliminates trips to the bank - deposit right from your desk
- Receive an electronic posting file each day that can be uploaded into your accounts receivable system
- Helps you deposit your funds quicker and easier
Spend more time with your customers and avoid lengthy lines to deposit your business checks. Put ReadyDeposit to work for your business right away. Call a Firstrust Banking Specialist at 800-220-BANK (2265) to get started.
Watch a Demo of ReadyDeposit®!
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Wire Transfer
Wire transfer is the fastest of all electronic funds transfer (EFT) methods. Firstrust Bank provides access to Fedwire, the Federal Reserve funds transfer system through our Commercial Internet Banking Service or via our telephone service.
With EFT, you can:
- Obtain greater control of your cash flow by controlling payment initiation and cash flow from subsidiary accounts
- Initiate transfer either online or over the phone – you choose the best method for your needs
- Choose same-day transfer or select a future transfer date
Contact a Banking Specialist at 800-220-BANK (2265) to get started with our wire transfer services.
Zero Balance Account
Managing your company’s cash flow, payroll and operating expenses can prove to be challenging. Zero Balance Account Service from Firstrust Bank helps you manage multiple accounts with ease and efficiency.
Through a Zero Balance master account, we can help you manage subsidiary accounts, concentrate deposits and fund disbursements without monitoring multiple accounts and performing multiple banking transactions.
Here’s how it works:
- Each individual checking account (such as payroll and operating expense accounts) keeps a zero balance
- All deposits made into them are transferred automatically to a single master account
- All checks written on the individual accounts are paid with a free automatic transfer from the master account when needed
Our goal at Firstrust is to provide you with products that help you best manage your business banking needs. With Zero Balance Account Service you can optimize your investments, fully fund your disbursements and centralize your account balances to save you time and money.
Call a Firstrust Banking Specialist to get started with Zero Balance Account Service at 800-220-BANK (2265).