Cash Management Services

IMPORTANT INFORMATION

NACHA Operating Rules Update Effective October 7, 2009

Online Banking

Banklink^TM  is Sun National Bank’s gateway to your bank information and your

online transaction processing needs.

The flexible system architecture allows clients to select the following individual modules based on their reporting and transaction processing needs:

• Information Reporting - Balance Information Reporting and Current Day Information Reporting
• Automated Clearing House (ACH)
• Wire Transfers
• Account Transfers
• Deposit Transfer Service (DTS) 
• Remote Deposit Services (RDS)

Learn more with our Online Banking Demo >>

Automated Clearing House (ACH) Services

Automate your funds transfer for greater efficiency and savings with the following services:

• ACH Direct Send provides client the ability to send direct from their computer or accounting systems prepared NACHA ACH files to ACH network for payroll, taxes and accounts payable activity
• ACH FED EDI Reports provided clients with detailed deposit and payment addenda information, and per invoice dollar totals.
• ACH Debit Block provides clients the ability to approve or reject incoming ACH items presented against their accounts

Account Reconcilement (ARP) Plans

Simplify your check reconcilement and improve account efficiency through the following plans:

• ARP Full Issue Plan provides clients with complete check reconciliation
• ARP Paid Plan provides clients with a complete listing and report of all paid checks
• ARP Monthly CD ROM provides clients with a daily, weekly, or monthly CD ROM of all cancelled check images
• ARP Positive Pay provides clients with an added safeguard against fraudulent check payments by comparing each check presented for payment against your check issue file.

Controlled Disbursement Services

This service provides clients with early and accurate funding information on the checks being presented today that will post to your disbursement account at the end of day.

Lockbox Services (Wholesale & Retail)

This service provides clients with a cost-effective and efficient means for managing the monthly check collections activity of their account receivables.     

• Property Management & Association Lockbox
• Healthcare Lockbox

Learn more with our Lockbox Demo (Username & Password:  demo) 

Remote Deposit Services (RDS)

This Module provides clients a cost-effective way to streamline and accelerate the processing of check deposits by making deposits directly from your office.

Learn more with our Remote Deposit Services Demo >>

Working Cash Line of Credit – Auto Loan Drawdown (ALDD)

This service provides clients the ability to maintain an efficient cash management account structure while preventing overdraft occurrences and minimizing interest expense via an automated drawdown from a line of credit to fund any net debit position within the daily operating accounts.

Zero Balance Accounting (ZBA)

An effective ZBA structure allows clients to maintain multiple accounts which consolidate daily transactions at the sub account level into a master account.

Investment Sweep Services

These services provide clients with diversified investment options designed to optimize the use of any overnight surplus of operating cash.