ONLINE BANKING • CASH MANAGEMENT SERVICES

Answers to Frequently Asked Questions

CASH  MANAGEMENT  SERVICES  FOR  BUSINESS  ACCOUNTS

1.  What is Cash Management Services for Business Accounts?

The Cash Management Module enables businesses to use the Internet Banking System to manage funds in all their accounts with the ultimate in security and ease. 

Cash Management Services includes:

• Multiple Account Control:  Businesses can control multiple accounts and establish varying levels of access by users.  Authorized users can also access account details, such as inclearing checks and hold amounts, to assist with timely decisions about money management.

• Added Security: Cash Management transactions (Bill Pay ) are limited to one specific PC location and can be tracked by a supervisor.  Both features provide security above and beyond the standard password protocols.

• Bill Pay: This service allows you to pay virtually anyone–companies or individuals–at any time.  Refer to the "Bill Pay" section for answers to your specific questions.

• Wire Transfers:  Businesses can conduct secure wire transfers via the Internet, establishing varying levels of security by user. ( i.e. One person to originate the wire and second person to approve it.)

• Payroll/Direct Deposit:  Businesses may deposit payroll to their employees accounts anywhere in the United States

• ACH Origination: Conducted using standard NACHA format for debits and credits.  Businesses may: 

  1. Debit customer accounts for receivables due.

  2. Send in their required tax payments.

  3. Credit supplier accounts for payments due.

  4. Transfer funds to and from other accounts throughout the United States.

  Bill Pay: This service allows you to pay virtually anyone–companies or individuals–at any time.  Refer to the "Bill Pay" section for answers to your specific questions.Fast Pay: This service allows our mutual retail customers to pay you directly from their FNB account and credit your FNB account.  Here's how it works:  your business name would be added to the Bill Pay "Payee List" from which the retail customer can choose when building their "Payee list".  After 2:00 p.m. you could go into the "Fast Pay Inclearings" and see who and how much will be credited to your account that day from the inclearings.

2.  Can I authorize access to anyone in My office or company?

No, access will be limited to those who have signing authority on the signature card we have on file.

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