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Cash Management Services

Manage your cash flow and streamline operations.

We’re ready to improve your efficiency.

Middlesex Savings Bank offers businesses a variety of time-saving, cost-effective solutions to manage payables and receivables, maximize interest, and minimize fraud.

  • Deluxe Business Online Banking: Receive real-time access to account information and internal transfers, as well as ACH Origination, Wire Transfers and Positive Pay services. All of these services can also be accessed through a mobile app.
  • Online Deposit: Scan check deposits from your office with a special-purpose scanner, eliminating trips to the bank and increasing productivity.
  • Sweep Services: Automate transfers between a checking account and an investment account* or line of credit to maximize the use of funds.
  • ACH Origination: Gain control of cash flow by paying employees and suppliers electronically and debiting member/customer accounts for amounts owed.
  • Wire Transfers: Move money across town or across the world with our domestic and international wire transfer services.
  • Positive Pay: Reduce the risk of check fraud with this easy-to-use online service.
  • ACH Positive Pay: Protect your business accounts from fraudulent ACH debits.
  • EDI Reporting: Obtain payment details (e.g. invoice numbers, account IDs, adjustments) for ACH deposits received.
  • Lockbox Services: Direct your payments to us and simplify the collection and processing of accounts receivable. Customized reporting of processed payments is available to meet your needs.
  • Zero Balance Accounts: Consolidate funds from multiple locations and accounts to create greater efficiency.

Contact Us

To learn more about Cash Management services, contact the team at 508-599-5846 or email them at cashmanagement@middlesexbank.com


 

Middlesex is a full-service bank serving business owners, individuals, and families throughout Massachusetts

Disclosures

*Not insured by FDIC or any federal government agency. Not bank guaranteed. May lose value.

Product and service fees may apply. Carrier rates may apply.