MVB Treasury Products
With our products we can help you manage your business more efficiently!
Features
- ACH Origination
- Wire Manager
- Sweeps
- Positive Pay
- Remote Deposit Capture
ACH Origination
Allows business customers to create electronic payments and deposits through Business Online.
Transactions can be debits or credits.
Debits- utility payments, accounts drafts, membership fees, insurance premiums, rent, etc.
Credits- vendor payments (invoices) and / or direct deposit for payroll.
Wire Manager
Wire transfers can be quickly generated vis Business Online
Access to the Wire Manager Module is free for customers, however the customer will still pay for
their outgoing wires.
Sweeps
Customer can establish a Business Checking account to automatically "sweep" extra funds into a
higher interest-earning account at the close of each business day
Line of credit sweep- sweep excess funds to reduce balance on your line of credit.
Positive Pay
Customers enter issued items (checks) into Business Online by importing a file or entering the items
manually.
Must sign in everyday under Business Online Login to Decision Positive Pay
MVB will automatically return items if no decision is made by 10:30 am Central/ 11:30 am Eastern
Cut off time.
Remote Deposit Capture
Utilizes a desktop scanner that allows clients to scan checks and issue deposits electronically to
the bank.
Desktop scanner will be provided by the bank; installation and training will be provided.
If you’re interested in Treasury Products, please reach out to our AVP Retail Operations Manager Ally Ward at allyward@mtnvalleybank.com and she will provide you withadditional information and a list of documents necessary to get started.
Notice – Unlawful Internet Gambling Enforcement Act of 2006
This notification is provided pursuant to the Unlawful Internet Gambling Enforcement Act of 2006 and Regulation GG. The Act prohibits any person engaged in the business of betting or wagering from knowingly accepting payments in connection with the participation of another person in unlawful Internet gambling. As an account holder, these restricted transactions are prohibited from being processed through the account or relationship with us. If you engage in an Internet gambling business and open an account with us, we must ask that you provide evidence legal authority to engage in the Internet gambling business.
This notification is provided pursuant to the Unlawful Internet Gambling Enforcement Act of 2006 and Regulation GG. The Act prohibits any person engaged in the business of betting or wagering from knowingly accepting payments in connection with the participation of another person in unlawful Internet gambling. As an account holder, these restricted transactions are prohibited from being processed through the account or relationship with us. If you engage in an Internet gambling business and open an account with us, we must ask that you provide evidence legal authority to engage in the Internet gambling business.
DIGITAL WALLET
A more secure way to spend.
Pay faster in the checkout line by using your phone as a means of payment. Digital Wallet encrypts your card to limit information stored by retailers to protect you against potential fraud.
