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Select from an array of methods to control how and when your funds are disbursed.
Enables you to create electronic transfers to or from accounts of other companies or individuals, directly to your business account. ACH Credits, funds are distributed from your account to the accounts of the receivers. Common uses include Direct Deposit of Payroll to employee accounts and Financial EDI payments.
Providence Bank & Trust can receive wire transfers into corporate accounts and report the receipt to clients.
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.
