Business Cash Management | Customize your business cash management services to suit your needs
Business Cash Management provides secure, high performance, 24/7 online corporate cash management services.
You can customize the Business Cash Management solution to meet your needs. Choose one or a suite of products that access and control your critical banking activities. Business Cash Management allows designated employees access to certain accounts and functions. Those specific users can set up their own “preferences.” Complete privacy, controlled through client and employee identification codes and passwords, ensures only authorized access to your company’s accounts.
- Set up company payroll Direct Deposit
- View account balances
- View check images
- View deposited item images
- Transfer funds
- Initiate and view stop payments
- Positive Pay
- Remote Deposit
With your critical banking applications in easy reach, Business Cash Management frees you to concentrate on your business.
ACH Origination Services
Reduce the time and expense your company spends issuing and depositing checks. With First Minnetonka City Bank’s ACH (Automated Clearing House) Origination services you can save time and money by eliminating paper check processing.
Using our ACH credit origination service, you can make payments to various recipients. Examples of this type of payment include payroll direct deposit, expense reimbursement payments and dividend payments.
Using our ACH debit origination service, you can deduct prearranged payments from your customer’s bank account. Examples of this type of payment collection include homeowner association dues, insurance premiums, rent payments and charitable contributions.
First Minnetonka City Bank’s ACH Origination service offers the following advantages:
First Minnetonka City Bank’s ACH processing allows your company to take advantage of the speed, accuracy and efficiency of electronic payments.
As a First Minnetonka City Bank client, you have access to fraud protection services through Business Cash Management Online Banking, which can help identify check fraud before it’s too late.
First Minnetonka City Bank offers a helpful and efficient web-based check verification service called Positive Pay that can help businesses combat check fraud. Positive Pay compares checks presented for payment against check information you provide electronically to First Minnetonka City Bank in order to identify discrepancies, or “exceptions.” You are notified when an exception occurs so you can review the check(s) and determine if a fraud attempt has been made. If you believe that a check is fraudulent, you can indicate that the check should not be paid instantly.
At First Minnetonka City Bank, we offer exceptional personal service while delivering business solutions that make sense.
Enjoy the convenience of making deposits electronically 24-hours a day, 7-days a week, even weekends. Electronic deposits can reduce trips to the bank or eliminate costly courier fees. Preparing deposits electronically is very efficient, reducing labor costs and freeing up staff for other tasks.
Remote Deposit allows qualified businesses to deposit their customers’ checks electronically using a desktop scanner connected to a personal computer and the Internet. Checks can be scanned and deposits can be submitted to the bank anytime day or night.
First Minnetonka City Bank provides you with all the equipment you need to get started. The scanner is a check image device that captures crisp, clear images of each item in a single pass. The checks are converted to images and electronically delivered to First Minnetonka City Bank for processing.
With Remote Deposit, the bank is never further away than your desk.
Merchant Card Services
Your business is unique and so are its challenges. No matter what type of business you run, we have solutions available to help you optimize your card processing needs.
First Minnetonka City Bank has chosen to partner with Moneris Solutions to provide user friendly point-of-sale processing for your card transactions using your terminal, PC or website. Receive competitive pricing and monthly billings, along with access to reports that help you monitor your card activity and manage your cashflow.
When you accept credit/debit cards, securing cardholder data is your responsibility. We, along with Moneris Solutions, can help you develop a program that meets industry standards to protect your customers and your business from a cardholder data security breach.
Moneris provides support for your business with a 24/7 call center. Their service professionals are available for transaction processing assistance.
Learn More | Contact Our Business Banking Specialists
Glen Lake: (952) 935-8663
14550 Excelsior Blvd.
Minnetonka, MN 55345
Hours & Directions
Country Village: (952) 935-5995
11500 Highway 7
Minnetonka, MN 55305
Hours & Directions
To report unauthorized activity or a lost or stolen Visa Debit Card, call (952) 935-5995 or (952) 935-8663 during our business hours. After hours, call (800) 472-3272.
Want to learn more? Contact a banker or visit one of our convenient locations today!
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