Save time and money with Northway Bank account reconciliation services!
Whether you need help with balancing checks that have been cashed, or
reconciling deposits that have been posted from multiple locations, we
will provide you with the information you need to simplify the process.
Full Account Reconciliation
With your check issue file, we are able to provide you with a monthly
account reconciliation detailing your outstanding, paid and voided
checks, as well as any stop payment items.
Partial Reconciliation
Each month, we will send you special reports along with a paid check
file, which can be used to automatically update your accounts payable
system.
Deposit Reconciliation
Use a single checking account to reconcile deposit activity generated
by multiple offices, utilizing unique location codes assigned by your
company! In addition to your regular bank statement, a supplemental
statement is provided which details the deposit date, amount and
monthly total for each location.
Positive Pay
Detect and prevent possible check fraud with our Positive Pay Service!
We use your check issue file to match checks presented for payment
against the checks you have authorized us to pay. If we receive an item
that was not authorized, the item will reject, resulting in your
decision to pay or return the item.
|
