First Citizens Bank

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 First Citizens' Business Online Banking Advantage® service to originate Automated Clearing House (ACH) transactions to collect invoices, draft monthly fees or perform other related tasks.

• Cash Concentration: Pool funds from other bank accounts into your First Citizens account for maximum use of your account balances.

• Commercial Image Cash Letter: Use your existing imaging infrastructure to capture images of consumer and business checks received at your office, and transmit them to First Citizens for processing. You'll be able to save the time and expense of transporting your paper checks, increase your productivity and take advantage of extended deposit deadlines.

• eReceivables: Simplify your online bill payment processing, eliminate manual check posting and have faster access to your funds by receiving e-payments from multiple processors in a convenient, single electronic file.

• Lockbox Processing: Wholesale and retail lockbox services provide a cost-effective way to accelerate the collection of your accounts receivable, saving you administrative time while improving your balances.

• Remote Image Deposit: Reduce costs, save time and improve cash flow. With Remote Image Deposit, you can make image-based deposits from your own office.