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Business Internet
Banking
Our Business Internet
Banking service
with eXpress Pay
is convenient,
efficient and
always available
– even if
you’re so
busy that you
have to conduct
your day-to-day
business from
night to night.
Balance
and Reporting
Track payments,
trace outstanding
items, control
cash flow issues,
make faster decisions.
Specific features
include:
- 24-hour access
to all your
accounts
- Statement
viewing and
retrieval
- Scheduled
and recurring
transfers or
payments between
accounts
- View and print
account history
- View check
images that
have been posted
to your account
- Make loan
payments
- Download account
history into
Microsoft Excel,
Microsoft Money,
and other software
applications
Wire
Transfers
Execute outgoing
business wire
transfers from
the convenience
of your PC. This
efficient payment
method affords
you the ability
to move funds
quickly when you
need to or when
an opportunity
arises.
ACH
Eliminate unnecessary
paperwork, save
time and money.
Business Internet
Banking offers
multiple passwords
and various levels
for dollar limit
authority. This
allows you to
maintain whatever
level of security
you currently
have in place.
Our Internet ACH
service will allow
you to:
- Automate collections
and billing
- Make vendor
payments
- Collect membership
dues and association
fees
- Pay federal
taxes (EFTPS)
- Offer direct
deposit of payroll
- Consolidate
funds from remote
locations or
disburse funds
to multiple
locations
- And any other
ACH transactions
Account
Reconciliation
Program (ARP)
Century Bank’s
ARP services enable
you to automate
the reconciliation
of accounts –
improving your
control over account
activity. Now
you can eliminate
the time-consuming
chore of balancing
your company's
accounts while
protecting your
firm against check
fraud.
CHOICE
Century Bank
offers you flexible
ARP Services:
You can select
a plan that meets
your specific
needs. Account
reconciliation
is performed by
comparing the
paid items to
the issued items.
An “issued items
file” is prepared
by you, the customer,
and then remitted
via the Internet
to Century Bank
prior to the item
being paid.
Positive Pay:
An enhanced automated
account reconcilement
service – is widely
considered to
be the best available
defense against
check fraud. It
quickly identifies
possible fraudulent
checks by comparing
checks that are
presented for
payment against
your account to
a list of checks
that your company
has issued. Non-matching
items are marked
as suspect checks
and are referred
to you for a pay/no
pay decision.
Full Reconciliation:
Paid items are
reconciled against
the issued items
resulting in a
listing of current
outstanding items.
On a monthly basis,
Century Bank will
then balance these
outstanding items
with the statement
ending balance,
identify any discrepancies
and communicate
them accordingly.
Partial Reconciliation:
Paid items are
reconciled against
the issued items
file resulting
in a listing of
current outstanding
items.
BENEFITS
With Century’s
ARP, you get personalized
service. We will
assign a personal
reconciliation
specialist to
assist you with
all your inquiries.
View your account
balances and transactions
information online
– 24 hour access.
With your monthly
statement you
will receive a
reconcilement
report which will
identify the following
items:
- Paid items
- Outstanding
items
- Voided and
Stop Payment
items
- Stale and
Dormant items
- Paid items
whereby no issue
was received
- Exception
items reviewed
on a DAILY basis
(i.e., items
have already
been paid, a
stop pay has
been entered,
amount does
not match the
issued amount)
FOR MORE INFORMATION
For more information or to request a meeting, click on the Customer Service Center
option on our Contact Us page, or call us at 866.8.CENTURY.
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