Online Deposit

Who is it for?

Online Deposit is ideal for businesses looking to improve cash flow and increase productivity by depositing checks from the convenience of their offices.

How does it work?

You scan your checks with a special purpose scanner, then transmit encrypted images of those checks via the Internet to Middlesex Savings Bank. The funds are automatically deposited into your business checking account.

What are the benefits/features?

Time savings/Increased productivity. Online Deposit not only eliminates trips to the bank, it ensures your deposits meet the bank's cut-off times.
Consolidate banking relationships. There’s no longer a need to deposit checks with multiple financial institutions.
Improved cash flow. The entire deposit process is streamlined, making it more efficient to get same-day access to deposited funds.
Reduced administrative burdens. You can easily view and print check images and access deposit history, so there's no need to photocopy checks.

Discover why Middlesex is the best bank for business.
To learn more about all the benefits of our Cash Management services and banking at Middlesex, contact Betsy Raymond, Cash Management Officer at 508-315-5463 or email her at Betsy.Raymond@Middlesexbank.com.