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Collection
Expedite the collection of your company's receivables.
Preauthorized automatic drafts help you collect monthly payments from your customers' accounts and deposit them into your account. They'll boost your cash flow, save money on check processing and improve cash forecasting.
  • ACH Origination: Use IronStone Bank's Business Online Banking service to originate Automated Clearing House (ACH) transactions to collect invoices, draft monthly fees or a wide variety of other purposes.
  • Cash Concentration: Pool funds from other bank accounts into your IronStone Bank account for maximum use of your account balances.
  • Lockbox Processing: IronStone Bank's Wholesale Lockbox service offers companies a cost effective means of accelerating the collection of accounts receivable. We will process your accounts receivable checks, saving you administrative time while improving your balances. Use NetQuery to view images of your Wholesale Lockbox checks and remittance data over the Internet.
  • Remote Image Deposit: Reduce costs, save time and improve cash flow. With Remote Image Deposit, you can make your check deposits right from your office PC at a time convenient for you.
For more information or to open an account, stop by your local branch, talk with your
Business & Treasury Services representative or call Business Central at 1.800.476.5121,
between 8:00 a.m. and 8:00 p.m. Eastern time weekdays.
You may also e-mail us.