Business Treasury Services
Online Cash Management
Convenient way to manage your accounts
- $10/month + per item fees
- Assign specific levels of access by employee
- View transactions/history
- Transfer funds between BankChampaign accounts
- Issue stop payments
- Set up ACH transactions
- Initiate wire transfers
- Pay bills online
- Coordinate payroll processing
- Monthly paper or e-statements
*Fees vary depending on the product and level of service required.
Positive Pay*
Positive Pay is a fraud prevention tool that allows you to monitor items posting to your accounts. You upload a file to the Bank which lists all issued check items for your account. The file must include the check number and check amount; it is optional to also include the payee. As items are presented for payment, the system compares each posted item to your issued item list. If any posted item does not match the recorded items, then you can decide to either to pay the item or to return the item.
Sweep Account*
Sweep accounts provide an attractive vehicle for investing excess funds. Idle cash is automatically moved daily from your transaction account to an interest-bearing account collateralized by a repurchase agreement based on a pre-established target balance.
Remote Deposit*
Deposit checks electronically and skip the trip to the bank. The system requires a specific scanner and an internet connection. Check image archival and management are available upon request.
Lockbox Services*
Reduce administrative expenses and gain quicker access to your funds receivable using our lockbox services. BankChampaign can handle mail pick-up and processing, deposit funds and provide remittance information based on your specifications.
For more information call or email:
Zack Flynn
[email protected]
(217) 351-2870
Cary Steinman
[email protected]
(217) 351-2870
