Business Banking Services

Streamline Your Deposit Processing with

What can

do for you?

Enable your corporate office to see deposits being submitted from your multiple store locations.
More processing time combined with extended deposit cutoff times can provide your business with faster funds availability.
Help your business realize additional working capital.
Consolidate banking relationships and reduce associated reconciliation work and costs. With remote deposit, no geographic "footprints" exist for banking with us.
Assist you in identifying return items faster, reducing fraud risk.
Reduce transportation expenses as most deposits can be made without ever leaving the office.
Allow you to see deposits online using our electronic image archive.

Processing checks no longer has to be routine. BankFive now offers a remote deposit capture, online banking solution designed to help you more conveniently make deposits and receive funds faster.

With remote deposit, you can exchange conventional, manual check deposit processes for an automated deposit solution created to suit your specific needs. Regardless of your size or location, remote deposit allows you to scan any type of check at your business location and electronically deposit it into any one of your BankFive business banking service accounts in Massachusetts.

Do you have large dollar check deposits?
Could you benefit from later deposit deadlines?
Do you have multiple locations across a large geographic area?

Using a small desktop scanner, you can capture front and back images of your checks. Next, balances and check deposit information is verified to ensure that the scanned amount matches the expected deposit amount. Then, the deposit and check images are transmitted electronically to BankFive online business banking for clearing. Sounds easy? That's because it is.

Business Banking Services in Massachusetts

Merchant Credit Card Services
Online Banking
Retirement Plans