Streamline your collection process with Dollar Bank’s CashANALYZER® Management System Automated Clearing House (ACH) Module. You can initiate collection of remittances through authorized direct debits to their accounts. ACH direct debits can be used for the collection of rents, dues, subscriptions, membership fees or any other recurring payments to your organization.
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Deposit Reconciliation is a consolidation of deposit activity from multiple locations into one central deposit account. Each location is assigned a unique "location code" that is encoded on deposit tickets that helps you track and identify the source of each deposit.
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With Dollar Bank’s Lock Box service, your receivables turn into cash quickly by expediting the collection of your mailed remittances. You simply instruct your customers to mail all payments to a designated post office box maintained for you by Dollar Bank.
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Dollar Bank’s Remote Deposit services enable your business to easily scan and capture digital images of your checks for deposit and send them to Dollar Bank electronically. As a result, you can bring new efficiencies to your cash management process from anywhere.
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Dollar Bank’s Zero Balance Account (ZBA) eliminates idle balances in your checking accounts providing the ability to centralize control of your daily cash flow and minimize idle cash.
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Accepting credit cards as an additional payment method can help increase sales, improve efficiency and enhance customer satisfaction.
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