Automatically disburse payroll, dividends, or similar payments to individual or business accounts on predetermined dates.
Benefits
- Direct Deposit/Payroll
- Reduce cost and control disbursement of funds.
- Protect your busines from check fraud and give all your employees the convenience of direct deposit
- Your employee eliminates a trip to their bank and having to wait for the item to clear or any fees that may apply
Direct Deposit/Payroll
- Create a direct deposit template or upload an ACH Nacha file within FNBMT online banking portal to direct the deposit of your employees payroll and/or reimbursement expenses
- Import/upload a direct deposit Nacha formatted file from an in-house payroll system to FNBMT online banking system for single system uploads
Corporate Trade Payments (B2B)/Vendor Payments
- Create a template within FNBMT to initiate corporate ACH credits and/or pre-authorized debits
- Import/upload a payment Nacha formatted file direct from your inhouse account payable (if available) in FNBMT online banking system
- Tax Payments:
- Benefit of electronic Tax Payments (State and Federal)