Account Reconcilliation
Balancing your business checking account is easier when you sign up for Account Reconciliation, the service that matches checks you have written to checks that have cleared your account.

• You transmit an electronic file of checks written to the bank. VisionBank matches checks clearing the deposit account to the electronic file
• Next, the file is sent back to you for reconciliation purposes
• Information provided includes:

  - Date of clearing
  - Account number
  - Check number
  - Amount of check

To further simplify your monthly account reconciliation, VisionBank can customize the process by including data fields you specify to help you get the task done efficiently and easily.

ACH Origination
Using VisionBank Online Banking, you have the ability to send and receive payments (such as payroll, for example) electronically through an automated clearinghouse.

Payroll Benefits

• Employees will not need to leave work on payday to deposit or cash their paycheck
• There is just one debit to the business account so at month end, there are no payroll checks to reconcile
• You will use less check stock and no longer will need to sign the paychecks
• No longer need to reissue checks or place stop payments on lost payroll checks

Recurring Payments Benefits
Examples of recurring payments include fitness clubs, property managers, membership dues, church donations, monthly utilities, and more.

• Payments will be in your account on the due date
• You will have immediate access to your funds
• There is no need to send out additional notices nor a bill collector

Need help? Contact Us for assistance.

Cash Management Account
Designed for Vision Corporate Account customers with excess cash to invest, the Cash Management Account is a fully automated movement of your funds that offers convenience, liquidity, and enhanced yield.

Minimum Requirements: Vision Corporate Checking

Features:

• All incoming and outgoing sweep activity and balances will appear on your monthly account statement
• Convenient, immediate access to your money, and competitive returns so you no longer need to call the bank to direct the movement of funds
• Interest is calculated daily and credited monthly based on the balances in your Cash Management account
• Additional Charges will apply

CD-ROM Images
VisionBank can provide your statements and images of your checks on a CD-ROM archived monthly. If you choose, more than one account can be archived on a single CD. CD-ROMs can also be produced quarterly and annually. However, only the check images will be archived for these options.

Benefits of CD-ROM Images include:

• Easy reference
• Simple account reconciliation
• Time-savings

Lockbox Services
Lockbox is a collection tool used to improve cash collection of accounts receivable and quickly convert them into funds available for use in the business.

• Payments are sent to a Post Office Box, which is then delivered directly to the bank
• The bank prepares and makes the deposit in the corresponding accounts. Any copies or remittance items will be forwarded to you along with the record of the deposit
• Captured information can be formatted to a file and sent electronically on a daily basis.

Positive Pay
Designed to help businesses prevent fraud, Positive Pay verifies the checks you have written and pays only those you have authorized.

• An electronic file is created for the checks your accounting system generates
• The file is then securely transmitted to the bank where it can be matched to the actual check when it is presented for payment
• If the information on file is not a match with the check presented for payment, it is held for your authorization before it is paid

Bill Pay for Business Customers
Who knew paying bills could be so simple? With Bill Pay, you pay your bills from your VisionBank   checking account without writing a check or buying stamps. Simply login to VisionBank Online Banking, select your payee, enter the amount you want to pay, the date the payment should be sent, and click submit. That's it. Even make recurring payments quickly and easily. You can enter your payments in advance and have them paid at any time during the month.

Wire Transfer
VisionBank can process all the incoming or outgoing wire transfers for your business. If you use wires frequently, sign up for VisionBank's Online Banking solution.