Receivables & Deposit Solutions

Remote Deposit

Salin Bank was one of the first banks in the industry to offer Remote Deposit. With our service, you can scan checks from any geographic location and then safely and securely transmit the scanned images to Salin Bank for posting and clearing. The best part: There are no expensive or complicated IT requirements! Salin Bank provides the scanner for your office. That means no up-front equipment and installation costs to you. If you would like additional information about Remote Deposit, contact our Treasury Management team.

Learn how Remote Deposit can help your business

ACH Origination

If you’re looking for a safer and faster way to make and receive payments, then Salin Bank’s ACH Origination Service can help. You can initiate electronic transactions quickly, efficiently, and securely, with ACH transactions originated manually or via electronic import functionality. As a result, you’ll be able to streamline a variety of processes, including:
  • Direct deposit of payroll, dividends, expense reimbursements, commissions, health savings
  • account contributions and pensions;
  • Collection of premiums, dues, and invoices/bills; and
  • Disbursements to fund payroll, vendor payments, and expense/operating accounts.
 
For more information about ACH Origination, contact our Treasury Management team.

Lockbox Services

Salin Bank’s Lockbox Services are a reliable and cost-effective way for you to collect and process receivables. With our high-speed extraction equipment for opening mail and image-based technology for capturing, and reconciling, you’ll improve your cash flow while saving time and money. To learn more about our Lockbox Services, contact our Treasury Management team.

Zero Balance Account

Like many businesses, you may use several checking accounts for making deposits and payments. With Salin Bank’s Zero Balance Account, you no longer need to make deposits into multiple accounts or transfer funds into multiple disbursement accounts. Instead, automatic transfers are made to and from your primary (or master) account to cover all daily activity, returning your disbursement account balances to zero. Excess balances are eliminated, which lets you optimize your cash flow. At the end of each month, a detailed statement is created for each account. For more information about Zero Balance Accounts, contact our Treasury Management team.