Automated Clearing House (ACH)**
ACH collections can help streamline the collection of funds and improve efficiencies of your accounts receivable system. bankHometown can assist with collecting these payments electronically by taking advantage of the Automated Clearing House system. Typical ACH collections are Health Club Memberships, Association Dues, Loan Payments, Utility Payments, Contributions to Non-Profit Organizations and Cash Concentration.
Office Deposit (Remote Deposit Capture)**
Office Deposit allows a company to scan checks for deposit and transmit the images directly to bankHometown without having to visit a branch. By scanning checks and transmitting deposits, costly trips to the bank are eliminated.
Our lockbox product will accelerate the collection of your receivables and save you valuable clerical time. You receive fast and accurate credit to your account. Our service includes image capture that utilizes state-of-the-art hardware and software to capture the image of the check and the invoice. These items are available for you to view the same day they are processed
Retail Lockbox (OCR)
Retail lockbox service uses optical character recognition (OCR) to collect payments and capture the remittance data. We provide you with an electronic output of your remittance data and special reports that will automate the posting to your accounts receivable system.
Smart Pay Express (SPE)
SPE provides a hosted webpage for businesses or nonprofit organization to collect payments from a link on their own website. Payments can be made either by credit card or ACH withdrawal. Ideal for property management companies, homeowners associations, etc.
Offers a variety of credit card processing methods and equipment. We have payment solutions for industries such as: retail, lodging, hospitality, education, government, mail order and eCommerce.
**ACH Services, Merchant Services and Office Deposit (Remote Deposit Capture) require review and approval by bankHometown. Not all customers are eligible for these services.