Payables

ACH Originations - Payments/Credits

  • ACH simplifies the accounting process, saves time, and reduces the chances of fraud. Pay employees and vendors electronically.
  • ACH origination is available for next-day as well as same-day settlement. (*subject to approval)

Wire Transfers

  • Wire Manager provides a safe, secure, and convenient way to send domestic and USD international payments needed for same day settlement.
  • Notification of Wire Activity can be provided to clients via email or SMS text messaging. Wire activity and confirmations are also available within Wire Manager.

Business Bill Pay

  • Allows customers to pay bills through Business Online Banking - Bill payments will be issued on behalf of the customer, saving time and postage cost.
  • Reminders can be set up to help track when bills are due

Corporate Credit Cards

  • Colony Bank offers card payment solutions to help businesses maximize working capital and improve efficiencies. Solutions for unique payment needs that fit seamlessly into the client's payment processes.
  • Cards are chip-enabled, providing enhanced security and protection against fraud. Chip-enabled cards offer broad acceptance worldwide, allowing businesses to securely make purchases.
  • Earn cash back/rewards through card spend while simplifying administrative and reconciliation processes.
  • Facilitate travel and entertainment spending while maintaining policy controls.

Corporate Credit Cards Intranet