Business Online Banking
Remote Deposit Capture
First Neighbor Bank’s Remote Deposit Capture allows the bank’s commercial account customers to capture items at their business locations anywhere in the world and deposit them electronically into their account here at the bank. The system converts paper transactions into image-based transactions, and then transmits them to the bank via a secure Internet connection.
Benefits to the Merchant
Simplifies banking relationships
- Saves time – no more trips to the bank to make a deposit
- Saves money
- Improved cash flow
- Improved funds availability
- Travel expenses significantly less (Fuel and/or mileage expense)
- Fewer returned items
- Reduces errors; improves management control
- Enhances bookkeeping/research abilities
How It Works
A PC and a check image scanner are set up at the customer’s facility. Throughout each day, the checks for deposit are run through the scanner to capture MICR information as well as front and back images of all items. Images are encrypted for security and transmitted to the bank, where the deposits are processed. Typically this process is supported by Courtesy Amount Read assist software (CAR/LAR), which does automatic amount recognition. Conversely, the amount entry and balancing functions may be distributed to the Merchant; at the Bank’s discretion. Email alerts and reports notify all parties of the status of the transaction, including whether any further action is required.
Online Banking & Bill Pay
Online Banking allows you, even as a business owner, the opportunity to monitor and control your own accounts from your own computer.
All you need to do is register. You will be issued a username and password. You will then be able to view your accounts, transfer funds and even pay your bills from anywhere!
When you register, make sure to sign up for E-Statements too! You will get your statements quickly each month and save a tree and protect our environment as well.
Mobile Banking
Mobile banking provides you with 24/7 access to your accounts and the ability to perform a variety of banking transactions anytime, anywhere.