Secure Online Banking

Man working on a laptop

Cash Management Services

Disbursement Services

Select from an array of methods to control how and when your funds are disbursed.

ACH Payments

ACH (Automated Clearing House) enables you to move funds electronically, directly from bank to bank. It’s faster, more convenient and eliminates the manual work of printing, signing and mailing checks. Use ACH to streamline the payment process – pay employees and service providers, or collect recurring payments from customers. It’s a flexible solution that adds convenience and control to your day-to-day operations.

ACH origination also supports better cash flow management with predictable processing times and real-time tracking. It’s an efficient solution that enhances operations, strengthens security and gives you greater control over finances. ACH can also offer cost advantages by reducing expenses tied to printing checks, postage and manual processing. Because payments can be scheduled in advance, it’s easier to align transactions with your cash flow. Plus, with digital records automatically generated, reconciling accounts and monitoring payments becomes simpler and more organized.

From reducing administrative work to reinforcing safeguards, ACH origination is an easy way to upgrade your payment processing – on both sides of the transaction.

NACHA ACH File Format Specifications

NACHA Operating Rules Online

Connect with a Cash Management Specialist to Learn More

Wire Transfers

Providence Bank & Trust can receive wire transfers into corporate accounts and report the receipt to clients.

Connect with a Cash Management Specialist to Learn More

Zero Balance Accounts (ZBA)

ZBA accounts are used to transfer deposits from sub-accounts to primary accounts. With our ZBA, funds can be transferred as needed from the primary account to subsidiary accounts. For example, funds can be transferred from your general account to your payroll account as payroll checks are presented.

Connect with a Cash Management Specialist to Learn More