Payables Management

Streamlined payment solutions create benefits for your business.

In any business, there are dollars flowing out as well as in. Payments must be made to business partners, suppliers, property managers, utilities, and more. First State Bank offers a range of solutions that help you move funds electronically - and almost effortlessly - so your team can put more energy into achieving important goals.

Bill Pay

Paying bills by issuing paper checks involves considerable staff time and postage costs. Our online Bill Pay is a resource-friendly alternative.

• View all your business's bills and invoices in one easy-to-find place.
• Make one-time payments with just a few keyboard strokes.
• Arrange for recurring payments, such as utilities or rent, to be paid automatically.
• Set up reminders alerting your business to upcoming due dates.
• View records of past payments.
• Reduce paper clutter and save on postage.

ACH Origination

Another way to streamline the payables process is to use the nationwide Automatic Clearing House (ACH), which moves funds quickly, securely and electronically between bank accounts.

• ACH Origination is accessible through First State Bank's Business Online Banking.
  
• Use ACH Origination to pay vendors, utilities, insurers, and others.
• Eliminate the risk of checks being delayed or lost in the mail.
• Reduce time spent on check processing, freeing staff for mission-critical tasks.
  

ACH Originators: Compliance with the Nacha Operating Rules and your ACH Origination Agreement is required. The ACH Originator Guide outlines key ACH requirements, including authorizations, record retention, SEC codes, returns, and reversals.

Wire Transfers

Move funds across town or across the country safely and securely. Wire transfers are commonly used for large-dollar transactions, real estate closings, and time-sensitive payments to business partners.

Wire services available:

• Domestic wire transfers
• International wire transfers
  • Available in U.S. dollars or select foreign currencies

How to initiate a wire transfer:

• Online Outgoing Domestic Wires via Business Online Banking (enrollment required)
• Email, fax, or phone
• In person at any First State Bank branch

Additional details:

Our wire transfer solutions are designed to provide security, reliability, and flexibility, helping you manage your payables efficiently while staying focused on running your business.

Business Credit Cards

Apply for a First State Bank Visa^® Platinum Business Credit Card to increase your business's purchasing power online or with vendors worldwide. Reap the benefits of low rates and other Visa perks designed to help your business succeed.