As your business partner we will help you with solutions to help you gain more control over your business cash flow as it grows.
Business Cash Management Services
Merchant Services
BayCoast Bank partners with BASYS Processing for all your debit and credit card processing needs. We provide services and solutions that include terminals, virtual terminals, Ecommerce, as well as mobile and point-of-sale services customized to fit any business need. If you have any questions, please contact us at 508-678-7641 or email MerchantServices@baycoastbank.com.
Remote Deposit Capture (RDC)
Deposit checks electronically into your BayCoast Bank checking account without leaving the office with our Remote Deposit Capture service. Using an image scanner provided by us, you’ll be able to send us images of your checks right from your computer. You’ll save time, reduce costs, improve your cash flow, and enjoy greater banking convenience.
Positive Pay/Account Reconciliation
Positive Pay/Account Reconciliation is a method of validating the checks in your check register against check transactions that actually clear against the associated account. This isa valuable tracking and anti-fraud tool for businesses that issue a large volume of checks.
Business Online Banking
With Business Online Banking, you have the freedom to access your bank accounts 24 hours a day, 7 days a week. Plus, we provide additional tools to help you to manage your company’s finances conveniently and efficiently.
Automatic Clearing House “ACH”
Using ACH for your repetitive and non-repetitive electronic transactions is a convenient way to manage things like your accounts payable and employee payroll. You can also reduce payment processing costs while eliminating lost or stolen checks and making funds available faster.
Government Banking
BayCoast Bank provides a high level of personalized banking and investment services to governmental and public entities including towns, cities, schools, housing authorities, and other non-profit organizations. We understand that no two municipalities are the same which is why we are here to guide you, with personalized service, to create a solution that best suits your needs.
Lockbox Services
With our lockbox services, businesses can enjoy a more efficient way of depositing customer payments while substantially lowering internal processing costs, speeding up collections, and converting receivables into cash more quickly. Our provider, Lighthouse Payment Service, offers same-day processing using the latest lockbox processing technology to process remittances. All images and data are available real-time, via the internet, to support customer servicing needs.
Online Banking Wire Transfer
Wire transfers can be originated online using our online business banking feature. You can securely transfer funds to a domestic or foreign bank and you also have the option of scheduling future dated wire transfers.
To speak to a Cash Management Specialist call 508-678-7641 or contact us via email.
