Treasury Management Business Banking Solutions

At Bank Midwest we understand that operating a business is a lot of work, and it is our priority to provide our clients with the best tools and services to keep business running smoothly. Here we outline the products and services that Bank Midwest offers through the Treasury Management platform. In addition to the comprehensive product suite, all business clients are partnered with a dedicated Treasury Management Client Support team, Analyst and Treasury Management Officer to provide a concierge service and assist with hands on comprehensive training.

Treasury Management Business Online Banking

Manage your accounts and pay bills quickly and easily anytime, anywhere. Our secure Business Online Banking portal allows you to:

• View and print images of paid checks, statements and notices
• Transfer funds between your business accounts
• Issue Stop Payments on checks
• Initiate payments: BillPay, ACH and Wires
• Deposit checks with Remote Deposit Capture using a Scanner or your mobile device
• View loan activity & make loan payments
• Access numerous report options with download capabilities
• Manage alerts and approvals

Automatic Clearing House (ACH)

ACH is one of the fastest and most cost effective methods for moving funds electronically. ACH may be used for a variety of purposes such as direct deposit (payroll), direct debit and tax payments. Using ACH services allows your company to benefit in the following ways:

• Improve cash flow and reduce payment delinquencies
• Eliminate costs associated with handling and paper postage
• Experience safe and secure processing, with dual approval and email alert options

Wire Transfer

When you need to get your money to its destination quickly and securely. We offer the following types of wires:

• Domestic
• USD International
• Foreign Currency (*requires dual control)
• Experience safe and secure processing, with dual approval and email alert options

Fraud Prevention

• Positive Pay services not only help prevent check altering and forgery, they also automate your account reconciliation process. That means you spend less time and money on reconciling accounts, and gain a streamlined approach to what checks are outstanding, void or issued.
• ACH Positive Pay lets you safeguard against fraudulent activity by filtering or blocking unauthorized electronic transactions. Any item that meets the criteria you establish will automatically post to your account.

If you are an existing Treasury client or interested in becoming one, to learn more, contact our Treasury Management team.