Positive Pay is an anti-fraud service that will protect your account against altered and counterfeit checks. With this service, you will upload a list of issued checks to The Provident Bank. If anyone attempts to cash a check that is not on your list, you will be alerted. Additionally, you can define a list of authorized Automated Clearing House (ACH) participants that can withdraw from your account. If a transaction not on the list is attempted, you will be alerted. Let our Positive Pay service protect your business from check and ACH fraud!
Business Remote Capture
Quickly turn business deposits into available cash. All you need is your computer, our scanner and the internet to make your check deposits electronically. According to the Federal Reserve, it’s the most important development the US Banking industry has seen in years. Save a trip to the bank. It's secure and actually reduces the risk of fraud and theft.
In partnership with a leading payroll provider, we offer affordable, time saving solutions for payroll needs of any size. With customized reporting to fit your business, this powerful resource offers the latest in technology-driven products including Time Clock and Human Resource Management. Free up the time your company spends staying on top of employment tax filings, laws, rules and changes and let our experts do it for you quickly and accurately. Sign up today and the first month of processing will have no fee!
Our Lockbox program is a comprehensive, flexible way to substantially streamline your accounts receivable function. In addition to processing your checking payments, the Lockbox system interfaces with many types of software to make updating your receivables and generating reports a snap!
Merchant Card Services
Increase your sales and give customers an easy way to pay for purchases with their credit, debit or gift cards. Expand your versatility by accepting cards in the store, online, or over the phone. We teamed up with one of the industry’s most reliable payment processors to assist you with card processing. Let us help facilitate this process for you.
We offer Automated Clearing House (ACH) Services to help you pay and collect funds electronically, and increase your cash flow. Give your employees the valuable benefit of enabling them to electronically deposit their pay into their accounts each pay period. Your employees have faster access to funds, and you reduce your company's payroll processing costs.
For up to date information on NACHA Automated Clearing House (ACH) Rules & Operating Guidelines, please select the link below. You will then be prompted to create your own user account for future access. You will be notified by email from The Provident Bank of any ACH changes and directed to this link for further clarification: http://www.achrulesonline.org/index.aspx
Please refer to the Small Business Payments Toolkit for further information on safer payment processes. The Toolkit offers definitions, processes and procedures regarding checks, ACH transactions, online payments, as well as education on payment fraud prevention for your business.
We offer the ability to initiate wires in U.S and Foreign currency. This enables our business customers to send funds domestically and internationally. Customers have the ability to send wires in person, or through Online Banking. For more information, please contact the Relationship Officer at your local branch.