Payment Solutions
Devon Bank provides innovative payment solutions and delivers online functionality that helps business owners effectively manage their business. Whether those payments are large dollar, small dollar, one-off, batch, time sensitive, domestic or international in nature, ACH and Wire transfer services can be the perfect solution.
ACH and Wire transactions enable business clients to set up one-time or repetitive transactions such as vendor payments, cash concentration, debt origination, or payroll. In addition to being able to control transaction frequency and dollar limits, other benefits of electronic payments are:
- Reduced Costs Associated with Check Processing
- Accelerated Access to Funds
- Improved Cash Forecasting
- Decreased Paper Handling and Mailing Costs
- Convenience and Security
To learn more about Electronic Payments, please call one of our Treasury Management team members at (773) 423-2434.