Discover better ways to complete important tasks.
Bring added efficiency to your everyday operations by maximizing cash flow, preventing fraud, and eliminating repetitive tasks. At United Bank, we offer a variety of Cash Management services tailored to your specific business needs - saving time and money, and giving you more control than ever over your finances.
Our Services
Remote Deposit Processing
There's no need to assign a team member or hire a courier to go to the bank every week to deposit checks. With an easy-to-install, easy-to-use desktop scanning system, you can deposit checks from your workplace or home whenever it's convenient.
- Purchase your scanner directly from United Bank (different sized scanners are available, depending on your transaction volume)
- Your scanner integrates with your existing computer network
- Scan incoming checks individually or in batches at your convenience
- Transmit checks electronically into your account
- Receive same-day credit for checks sent before 8pm on Monday through Friday (excluding federal holidays)
- Easily generate summaries of daily deposits
- Convenient access to archives allows you to review past deposits
- For small deposits, consider using our convenient mobile app
Deposit Concentration
Bigger companies often have multiple bank accounts - perhaps for different business locations or specific types of transactions. For cash flow and other purposes, it often makes sense for funds to be transferred to a central account at the end of each business day.
- Move funds electronically without relying on the U.S. mail or your accounting team
- Choose a target balance for each of your primary and secondary accounts
- At the close of business, United Bank automatically sweeps excess funds from secondary accounts into the central account, where they can be used to cover payables, pay down credit lines, or generate interest earnings
- Funds will automatically be swept back to secondary accounts as needed
ACH Origination
The Automated Clearing House network allows for electronic fund transfers between individuals, businesses, and government entities. Put simply, it's far more efficient to move funds electronically than to pay for postage, risk mailing delays, or devote significant staff resources to handling incoming and outgoing checks.
- United Bank offers ACH Origination through AccessBusiness, a secure, online cash management platform
- Collect funds directly from customer checking accounts using the templates you build within AccessBusiness
- ACH can also be used for business-to-business payments
- Transmit payables to vendors, suppliers, utilities, trade associations and others
- Use ACH Origination to distribute your employee payroll
If you are an ACH Origination customer using our Business Cash Management Services, please take time to review the National Automatic Clearing House Association (NACHA) Rules.
Positive Pay Reconciliation
Checks are stolen in the mailing process, chemically washed and deceptively changed. Thieves steal account numbers from checks and then print new checks using different account names, or account numbers are stolen so thieves can print new checks using different account names. With Positive Pay, you can protect your accounts against altered or counterfeit checks.
Send a computer file to United Bank each time your business issues a batch of checks, or update your online register check by check. When a check from your business is submitted for payment, it is automatically compared against the check register you submitted. If the details don't appear to match, we'll flag the check and send you an electronic notification. You then respond electronically, either authorizing or rejecting the payment.
More information:
Check out our blog on why positive pay is so helpful.
ACH Positive Pay
Just as Positive Pay guards against check fraud, ACH Positive Pay service protects your business from fraud stemming from unauthorized electronic transactions.
- Your business provides a list of companies and organizations authorized to collect electronic drafts from your account
- United Bank then sets up an ACH filter listing all authorized payees
- If an incoming ACH entry comes from an entity not on your list, the draft is set aside
- Your business is then contacted and can decide whether to authorize or reject payment
- We can also simply block all incoming drafts. Your business may want to do this if you know a particular account will not receive any ACH transactions
Wire Transfers
Same-day payment is a requirement for many businesses. At United Bank, we offer domestic and international wire transfers that allow you to initiate payments to vendors and suppliers, or receive them from your business partners.
- Ideal for businesses that make repetitive transfers
- Security safeguards protect your business's financial data
- Domestic wire transfers must be initiated by 4 pm EST for same-day processing
- International wire transfers must be initiated by 2 pm EST for same-day processing
- For incoming transfers, you will need United Bank's routing number: 061107515 (these must be received by 4pm for same-day credit)
Our Business Services team is a group of support experts ready to help you navigate the challenges of the complicated payments world. Reach out directly at 770.567.2555 or bizbanking@unitedbank.net.
United Bank is a full-service financial institution serving customers in Middle Georgia.