Payables

Streamline Your Business Payments with SBIC

ACH Payments

Automated Clearing House (ACH) disbursements are a cost-efficient electronic transaction which allow you to schedule many types of disbursements including vendor payments, federal and state tax payments and employee payments such as direct deposit payroll, expense reimbursements and pension payments. Payments may be made as a one-time single transaction or batch, or as a recurring single or batch transaction to help simplify your process.

• Efficient Electronic Transactions: Utilize ACH disbursements for cost-effective payments to vendors, tax authorities, and employees.
• Flexible Payment Options: Schedule one-time or recurring payments for various disbursements, including payroll, expense reimbursements, and pension payments.
• Improve Cash Flow: Accelerate the availability of working capital by streamlining your payment processes.
• Gain Better Oversight: Enhance your cash flow visibility and management.
• Enjoy Secure Transactions: Benefit from a secure and efficient electronic payment method.
• Control Cash Management: Maintain control over your cash flow with flexible payment options.

ACH Cutoff Time: 2:00 PM PST / 5:00 PM EST

Wire Transfers

• Initiate Domestic and International Wires: Send and receive wires in US dollars or Indian Rupees directly from your business account.
• Secure and Efficient Payments: Benefit from our secure online platform for wire transfers.
• Real-Time Tracking: Monitor payment activity with real-time information.
• Global Reach: Transfer funds to any financial institution worldwide.
• Flexible Settlement Options: Choose from same-day or future settlement options.
• Cut-Off Time: 1:00 PM PST for online wire transfers.

In-Person Requests

You can also initiate a wire transfer in-person at any of our neighborhood branches with a completed Wire Transfer Form. All requests made before 12:00 PM PST will be sent to the beneficiary institution on the same day.

Routing & SWIFT Numbers

Bill Payment

• Simplified Electronic Payments: Pay bills to vendors, utilities, or individuals with ease.
• Scheduled Payments: Set up one-time or recurring payments to automate your bill payments.
• Enhanced Security: Enjoy a secure and reliable payment method.

InstaTax

• Direct Electronic Tax Payments: Pay Federal, State, and local taxes efficiently.
• Scheduled Payments: Plan ahead with up to 30 days of advance scheduling.

 FAQs

1.  How does ACH Collections help streamline my receivables process?
   • ACH Collections automates the collection of recurring customer payments, reducing manual effort and accelerating cash flow.
2. What are the benefits of using Remote Deposit Capture?
   • Remote Deposit Capture saves time, reduces costs, and enhances flexibility by allowing you to deposit checks electronically from your office.
3. Can I accept credit card payments both in-store and online using Merchant Card Services?
   • Yes, our Merchant Card Services offer solutions for both in-store and online credit card acceptance.
4. How can I access Mobile Banking Deposits?
   • Simply download our mobile app to access Mobile Banking Deposits and manage your business accounts on the go.
5. How does Zero Balance Accounts help me manage my cash flow?
   • Zero Balance Accounts automate the transfer of funds between linked accounts, helping you centralize your cash and avoid additional fees.

¹Additional fees/charges may apply. Please see details listed in the Business Banking Schedule of Fees and Charges.