Other Business Products
Foundation Bank Business Online Banking offers our clients secure access to their Foundation Bank accounts. A few features:
- Safe and secure online banking site
- Password Self-Reset for forgotten passwords
- Access to account balances and transaction details
- Access loan balance information
- View images of checks, deposit slips and deposited items
- Originate ACH transactions
- Initiate wire transfers - domestic and international
- Transfer funds between your Foundation Bank accounts
- Transfer funds to or from your Foundation Bank deposit accounts and your deposit accounts at other financial institutions (MICRO Users only)
- Transfer funds and make a payment to your Foundation Bank loan
- Establish Transfer Templates to use again and again
- Place a Stop Payment on checks
- eStatements! Receive an email notification that an electronic version of your monthly Foundation Bank Deposit Account Statement, including transactions and cancelled check images, is available from within your Business Online Banking session
- Send payments electronically if the payee accepts electronic payments
- eBills available - receive, view and pay your bills electronically
- Invoice Payment - Pay multiple invoices to one vendor with detail data
- Establish Account and Service Alerts to receive via email
- Download transactions to financial management software
- Use Positive Pay to upload checks issued and view issued items
- Advanced reporting options
- Manage multiple users and allow access to various accounts and functions by individual user
By automating and streamlining many business functions, we can help you to enhance your ability to manage cash resources and minimize risk. With the addition of Treasury Management to your Business Online Banking, you can originate ACH transactions, initiate domestic and international wire transfers, clear checks issued through Positive Pay, and make Federal Tax payments. By using these services, you can simplify your daily business banking.
With this tool, businesses can reduce payroll-processing costs and control the timing of payments and receivables. ACH Origination allows businesses to originate electronic transactions for purposes such as direct deposit of payroll, payment of invoices and the collection of receivables.
Wire Transfer Services
Using wire transfers, businesses can make a same-day transfer of funds from their account to another financial institution. Businesses utilize the Internet to initiate domestic or international wires at anytime and can create easy-to-use templates for repeat wires.
A fraud prevention tool, positive pay involves a comparison of checks issued to those presented for payment. The bank receives a list of checks issued by the business and then, as they are presented, the bank verifies the check against those issued and returns any checks not authorized by the company.
Federal Tax Payments
Make your Federal Tax Payments through our Online Banking service. To use this option you must be registered with the EFTPS. You can register via EFTPS.gov.
Foundation Bank’s Remote Deposit Capture enables you to deposit checks without ever leaving your office. We provide the scanner and you receive the following benefits:
- Make deposits remotely any time of the day or night
- Eliminate the need to take checks to the bank
- Receive more timely notification of returned items
- Reduce labor, postage and operating costs
- Improve efficiency and profitability
- Enjoy enhanced customer service, convenience and security
Accelerate the collection of your paper checks with Foundation Bank's Lockbox service. Lockbox collects your mailed payments, processes and deposits them into your account, reporting those deposits back to you quickly and accurately.
Is your company taking advantage of the global marketplace? If so, Foundation Bank can help you with your International Banking needs including Foreign Exchange and Standby Letters of Credit.
Your Foundation Bank VISA Debit Card is your checkbook and ATM card rolled into one. As an ATM card you have access to cash at ATM machines throughout the world. As a VISA Debit Card you can make purchases anywhere VISA is accepted and the funds are automatically debited from your checking account, just like writing a check.
Increase the sales potential of your business by allowing customers to pay for purchases by VISA, MasterCard and other bankcards or debit cards with Point-of-Sale (POS) payment processing.
Official Checks are available to Foundation Bank clients.
Notary Service is available to Foundation Bank clients at no cost.