No check issue file is provided so all check transactions require a daily payment decision.Sponsors, Agency, and Third Party Billingįiscal cancellation is the process that removes the charges for tuition & fees from your student account. The system verifies daily transactions against check issuance information and provides an exception list for client review. Reduce the potential for check fraud with Positive Pay. However, should an unauthorized ACH be presented, you can decision the transaction. Authorized ACH transactions are processed. All ACH debits are returned prior to posting. With ENB online banking, you control the movement of funds between your accounts. Funds are automatically swept into your checking account to cover any outstanding checks. Never worry about having a check returned for insufficient funds when you link your business line of credit with your checking account. Customers may realize operational efficiencies and interest expense savings by automatically moving funds daily to or from the line of credit depending upon your cash position. The DDM SM Program Sweep – For clients interested in liquidity, return, and access to FDIC insurance on their excess funds. Download Bank On The Go! to your iPhone or Android device. Bank On The Go! Manage your accounts from anywhere with our convenient mobile banking app. By providing a check issue file, ENB can help with the monthly reconciliation of check transactions and provide detailed reports. With Account Analysis, you get a detailed billing statement for all activity fees on your account. Activity charges on your bank statement can be confusing. Check images are accessible via all digital channels and are included on eStatements. With ENB online banking, you can bank on your terms – whenever and wherever it’s convenient for you. No more searching for stamps or running to the Post Office. With ENB online bill payment, you save time and money. ENB offers a variety of business credit cards to meet your needs. An easy, convenient way to make business purchases. Initiate outgoing wires through ENB online banking, direct contact with the wire room, or in person at any ENB branch. Employees also get their pay quicker – a win-win for all. By paying employees through direct deposit, you eliminate the need to print checks. Payments are deposited directly into your vendor or customer accounts, reducing costs associated with check writing. You control when the payment is processed. ACH disbursement is a way to manage your available funds. For clients with excess balances or a desire for deposit insurance protection over $250,000, the use of an automated sweep program has value. If you prefer a hands-on approach to moving your money, ENB’s online and telephone banking are available 24/7. Businesses with multiple locations may find value in using local depositories and then consolidating monies into a centralized account using ACH. ZBAs are an easy, convenient way to automatically consolidate funds into one account – allowing businesses to streamline operations, fund disbursements, or invest funds. Get immediate funds availability and prompt notification for incoming wire transfers. Our deposit courier service gives you faster access to your money. If your business uses nontraditional means of transportation and you can’t come to us, we’ll come to you. All ENB full-service branches have night deposit drop for after-hours deposits. Convenient branch accessibility allows customers to make deposits at any ENB branch. Customized payment processing products and services are tailored to meet the needs of each business. Deposit checks easily and securely from your business location. By gaining authorization, your business can debit funds for customer accounts and streamline the collection process. See below for more information about our services. With expert guidance from our team, you’ll maximize cash flow and gain more efficiency for your business. Ephrata National Bank offers a full suite of flexible cash management services.
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