Enhanced cash flow, greater control.
Our Treasury Management solutions consist of technology-based services that maximize cash inflows, optimize cash outflows, provide information and control, and facilitate investment or debt reduction opportunities.
We’ll help you manage your day-to-day finances without ever leaving your office, so you have the time and resources to manage your bigger business objectives.
- Modular solutions allow implementation of only the services you need. You can conveniently add others when the needs of your business change.
- Segregated control of financial duties
Account Analysis
- Receive a competitive earnings credit rate on qualified balances to reduce the costs of banking services.
- Excess earnings can be carried forward for up to 12 months.
Account Reconciliation Services
- Account Reconciliation Services offer businesses that issue a high volume of checks a more efficient way to account for and reconcile bank statements and other monthly transactions.
Wire Transfers
- Same day wire transfers directly from your office
- View incoming wires on your system
- Save details of payees for fast and easy wire transfers
ACH Origination
- Originate electronic payments to your vendors or direct deposit for your employees
- Originate tax payments from your office
Commercial Cards
- The Bankwell Commercial Card offers your company security and your employees convenience for travel and expenses.
Positive Pay
- Detect check fraud prior to final payment through daily matching of checks paid against your file of checks issued.
- Decide to pay or return the check unpaid, should a check not match.
Remote Deposit Capture
- Deposit checks securely 24/7 from your office using a desktop scanner.
- Save time, enhance cash flow and streamline bookkeeping processes.
Zero Balance Accounts
- Zero Balance Accounts (ZBA's) are designed for companies that maintain a general operating account and separate accounts for payroll, petty cash or other purposes. Disbursements are made from subsidiary accounts, which always maintain a zero balance. This account system allows the company increased investment opportunities and reduces administrative expenses.
Security Features
- Multi-factor Authentication (MFA)
- Dual control financial processes
- Enhanced security requiring a token for ACH and Wire Transfer processing
- Email notifications of daily activities
- Segregated control of financial duties
- Automated daily activity record keeping