Corporate Banking Suite
Overview
Total Access. Whenever and Wherever You Need It!
With Bank of Utica's new Corporate Banking Suite, business customers now have an abundance of tools available right at their fingertips. From large corporations to small business owners, our corporate banking products provide you with the ability to take advantage of the following services right from your own office:
Corporate Banking
Real-time access gives you the power to manage your company's finances more effectively, and our enhanced security features means you can rest assured your company and customer information is protected.
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Real-time account balances
Secure, 24 hour-a-day access to any of your account balances. View today’s transactions, track incoming ACH and debit card payments and make loan payments to name a few.
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Remote deposit
Make deposits from your office by scanning checks and transmitting the deposit to us.
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Bill payment
Pay bills for any vendor either as a one-time payment or schedule recurring payments.
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Check reconciliation
Send us a file of your issued checks and we can reconcile your checking account each month giving you the
current balance and list of your outstanding checks. Ask us how this product can guard against check fraud.
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Remote Deposit
Does your business:
- Have multiple locations?
- Make deposits after normal business hours?
- Pay transportation costs to deliver deposits to the bank?
- Receive checks with large dollar amounts?
If the answer to any of these questions is yes, then Bank of Utica's Remote Deposit is just for you!
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Step 1: Scan checks from any computer. Using the desktop scanner, fronts and backs of checks can be scanned in a single pass.
Step 2: Prepare the deposit for submission. As checks are scanned, view the images of the checks right from your computer. The amount of each check is automatically read and the deposit is balanced with minimal corrections.
Step 3: Submit the deposit electronically using a secure encrypted connection directly with Bank of Utica.
Step 4: Funds are deposited to your Bank of Utica savings or checking account.
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What are the advantages?
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From any remote office, or even from the comfort of your own home, you can submit a deposit to Bank of Utica. You can consolidate deposits, save time, and gain faster availability to your funds.
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Remote deposit brings the convenience of making deposits electronically 24/7. Even on weekends you can submit a deposit that will be processed and posted to your account (on the next business day).
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Preparing an electronic deposit is fast and easy. It can reduce additional labor costs and free up time to accomplish other tasks around the business.
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Are you tired of rising courier costs, or making countless trips to Bank of Utica? Remote deposit can save you time and money, reducing or even eliminating those additional costs.
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Since checks presented with remote deposit are electronic, they are quickly presented to other banks. This benefit increases your ability to act faster on returned checks, thus increasing your chances for collection and reducing your risk of fraud.
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Remote Deposit
Remote Deposit is currently the most sought after product within our Corporate Banking Suite. It's a huge time-saver because you can make deposits right from your office.
Remote deposit takes advantage of a tabletop scanner that connects directly to your computer through the Internet. Using this technology, you can scan checks received
from your customers as payment and convert those checks to an electronic deposit at Bank of Utica. This takes place securely over our servers right from the comfort of
your home or business, so you can do your banking without leaving your business. Remote deposit also allows you to:
- Consolidate deposits from multiple locations
- Make deposits anytime during or after business hours
- Save time preparing deposits
- Reduce courier fees or eliminate them altogether
- Reduce the risk of check fraud
Remote deposit utilizes multiple layers of security, including a Vasco Security token (learn more) combined with a PIN provided by you, and an Access ID. Hidden features include 128 bit encryption with our servers and firewalls to protect your data and offer the highest levels of security.
Remote deposit is fast and easy to use—all you need is the following:
- Computer running Microsoft Windows Vista, XP or 2000 with a USB 2.0 Port
- Desktop check scanner and software provided by Bank of Utica
- High speed Internet connection
- Account with Bank of Utica
If you have additional questions about our Corporate Banking Suite you can email us or call our Personal Banking department at (315) 797-2700 ext. 264.