Online Banking

Flexibility is the hallmark of our ACH origination services. Use it for payroll direct deposit, vendor payments, state or federal tax payments, represented check entries, cash concentration or direct debits for collection purposes.

• International, Domestic and same-day ACH transactions
• Safe and secure transactions – Multiple layers of authentication, including login IDs and passwords for each user and Out-of-Band Authentication (OOBA), protect customers during their ACH service. Further with soft token authentication, each user is required to enter a one-time identification code, provided through a secure app. This code is specific to the ACH file that is being sent and is required to complete the transaction.

The Wire Transfer service allows you to move funds between accounts within different financial institutions and countries. Transfers can be scheduled for the current day or up to 30 days in the future. Pending transfers can be reviewed or deleted any time prior to processing.
 

• Safe and secure transactions – Multiple layers of authentication, including login IDs and passwords for each user and Out-of-Band Authentication (OOBA), protect customers during their wire creation. Further with soft token authentication, each user is required to enter a one-time identification code, provided through a secure app. This code is specific to the file that is being sent and is required to complete the transaction.

M.Y. Safra Bank Remote Deposit is a time and cost saving web-based internet solution that allows you to deposit checks from your office, or multiple computers, anytime 24 hours a day, 7 days a week.

Streamline deposit preparation and accelerate receivables with easy-to-use technology that saves you money and time, while providing instant access to your deposit information.

User Experience

• Easy-to-install equipment with industry-leading training and support
• Simple web application requires no technical resources to set up

Automation

• Scanning function captures both sides of the check and MICR data
• Advanced OCR (Optical Character Recognition) technology reads check amount and other fields
• High- and low-capacity scanners are available with varying features and scanning speeds

Functionality

• Deposits consumer and business checks, money orders and cashier's checks
• Built-in deposit exception and error correction process manages duplicates, poor quality, formatting and other problematic items

Information Reporting

• Access an archive of reports and check images with multiple summary and detail report options available.

M.Y. Safra Bank’s Online Bill Payment system helps you to streamline your payment process and improve cash management by simplifying bill payment. Our easy-to-use online Bill Payment system can be accessed from a desktop, tablet, or smartphone.
 

• Eliminate the cost, risk and inefficiency of paper checks
• Safely and reliably manage your bills through our scheduling and template functions
• View electronic invoices
• Control access and approval levels