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 and 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.