Payables
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- ACH Manager
- Simplify administrative tasks with ACH services, saving time, thus saving money. Make, collect, and process payments without ever leaving your office. Not only is transferring money very secure, it increases efficiency between yourself and your business partners.
- Free training by Planters First Bank Team Members
- Easy file transfers
- Simple setup for automatic drafts/collections
- No checks to write, no envelope cost, or postage to purchase
- ACH Transfers for bill paying capabilities
- Enhance employee benefits with payroll reliability and confidentiality
- Reduce costs and save time with Direct Deposit options
- Provide your employees the option of convenience and save money too. Business ACH services give you the ability to create and submit a direct deposit file or work with existing payroll and accounting software of your business to process payroll information faster and more efficiently with fewer errors. Planters First Bank Electronic Banking professionals will assist you with introducing this benefit to your employees, setup and train you and your staff.
- Simplify administrative tasks with ACH services, saving time, thus saving money. Make, collect, and process payments without ever leaving your office. Not only is transferring money very secure, it increases efficiency between yourself and your business partners.
- Wire Transfers
- Wire transfers are a fast way to send funds between financial institutions for credit to another account. With a signed request, Planters First Bank can assist you in making an outgoing wire transfer from any of our branches, for a nominal fee.
Receivables
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- ACH Manager
- Planters First Bank gives the ability to collect account receivables (club dues, monthly payments, and collections). It also allows you to transfer funds electronically to pay bills faster.
- *For Business Customers (Subject to credit approval and other regulations)
- Remote Deposit Capture
- Add convenience and hours to your day by bringing banking directly to you. Literally deposit checks from the comfort of your office chair, saving yourself unnecessary trips to the bank. Simply scan the checks and send them on their way to facilitate faster access to your money.
- Ensure that deposits are made in a timely manner
- Reduce processing costs
- Save courier fees and deposit supplies
- Improve cash flow
- Decrease NSF’s
- Free training by Planters First Bank Team Members
- Save the time and expense required to prepare, transport, and deposit transactions by conveniently making remote deposits from your home or office at any time of day or night. Our simple, web-based interface integrated with an inexpensive scanner and our online banking service lets you electronically deposit checks into your account for improved cash flow.
- *For Business Customers (Subject to credit approval and other regulations)
- Add convenience and hours to your day by bringing banking directly to you. Literally deposit checks from the comfort of your office chair, saving yourself unnecessary trips to the bank. Simply scan the checks and send them on their way to facilitate faster access to your money.
Risk Management
Fraud Protection
Stay on top of your business account activity—and address potential issues before they escalate. Reducing the risk of fraud and human error is essential to protecting your business’s financial integrity. Planters First Bank helps you monitor your accounts with timely, automated checks and balances that quickly identify discrepancies and provide alerts—so you can take action early and keep your operations running smoothly.
Positive Pay
Positive Pay is a service that helps detect potential check fraud using an automated tool. When checks are issued, you will upload or manually enter the check information within digital banking. When checks are processed for payment, the information is matched against your issued checks and then reports any exceptions for your review. You will review the exceptions daily and approve or deny.
Enhanced security controls
We layer enhanced security controls to help manage cyber threats and reduce vulnerabilities. These protections include dual administrators, dual payment approvals, user management with defined access and limit controls, and multi-factor authentication to add an extra level of security.
Fraud Awareness and Education
Equip your team with real-world fraud updates, webinars, and best practices for protecting your business. Leverage our expertise and knowledge in this space to bolster your preparedness.