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Erin IampenSatisfied Member

Business Pay is a web-based solution that allows you to manage and collect payment of funds efficiently.

Initiate Direct Deposit

  • Payroll
  • Accounts Payable Items

Collect Payments

  • Loans/Mortgages
  • Accounts Receivable
  • Strata/Condo Fees
  • Donations/Pledges
  • Utility Bills
  • Business/Property Taxes
  • Club Fees/Dues

Business Pay offers important features including online help, audit trail, and email notifications as well as the following:

  • Reporting
  • Flexible user permissions
  • Transaction & file limits
  • Multiple payment frequency
  • Automatic due date advancement
  • History file viewing
  • Flexible search criteria
  • Training and support

FEES

Funds withdrawn from your account (credits)
(e.g. payroll, accounts payable etc.)
  Business or Individual Non-Profit Org
Initial setup fee $150 $75
Minimum monthly fee $20 $5
Credit file daily limit    
-$1 to $20,000 $20 $5
-$20,001 to $50,000 $35 $10
-$50,000 and over $50 $15
Temporary increase fee $50 $50
Permanent limit change $50 $50


 

Funds deposited to your account (debits)
(e.g. accounts receivable, donations etc.)

  Business or Individual Non-Profit Org
Initial setup fee  $150  $75
Minimum monthly fee  $20  $5
   
Other Fees   
Change user (up to four at one time)  $20
Late file release  $25
Recall file after release  $50

 

For more information, contact a Business Banking Advisor.

 


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