Accounts receivable
Body (Limited)
Stay fast, flexible, and funded so you're a step ahead of the marketplace; protect yourself from risk while keeping your customers satisfied and your P/L in the black. When you work with our accounts receivable experts, you get a "back office" extension that provides expert advice and customized support.
Customizable receivables services
Collections via ACH origination
- Can be completed with Webster Web-Link® and direct file transmission
- Same day or next day settlement options
- Reduces processing fees
- Eliminates lost or stolen checks
- Reduces security risks
Online collections
- Powered by Webster Payment-Link®
- Receive secure ACH, credit and debit payments
- Pre-loaded bill data and recurring transaction option
- Daily receivables reports for automatic system updates
- Pending transaction reports in real-time
Incoming wire transfers
- Receive funds in USD and foreign currencies
- Receive alert upon wire posting
- Summary and detail wire reporting
- Drawdown wire service: submit request to drawdown funds at another financial institution to be wired to your Webster account
Remote deposits
- Powered by Webster Deposit-Link®
- Online banking solution best for depositing 100 or more checks a month
- Expedite deposits and scan checks via Webster Web-Link®
- Detects check duplication
- Advanced security features
- Save trips to a branch location
Lockbox processing
- Wholesale is for high-dollar/low-volume payments
- Retail is for low-dollar/high-volume payments
- Same-day processing
- Automatic deposits
- Customized reporting
Cash services
Convenient and efficient solutions for ordering or depositing cash or coin
- Order cash and coin, delivered via armored car
- Cash verified same-day or within 24 hours
- Mix cash and checks into a single deposit
- SMART safe with advance daily credit option