Positive Pay

Powerful fraud prevention solution that helps businesses safeguard their accounts from unauthorized transactions—whether by paper check or electronic ACH payment. By verifying each transaction against a list of approved items, this dual-layered system acts as a gatekeeper, ensuring only legitimate payments are processed.

 Check Positive Pay Benefits:

• Blocks forged or altered checks
• Prevents duplicate or stale-dated payments
• Provides exception alerts for unmatched items

 ACH Positive Pay Benefits:

• Prevents unauthorized debits or credits.
• Enables rule-based filtering by vendor, amount, or frequency.
• Supports real-time alerts and approvals
• Reduces exposure to ACH fraud and account takeover.

Online Wire Transfers

Allow companies to send and receive funds electronically domestically including all States and US Territories—through a secure banking platform. Ideal for time-sensitive or high-value transactions, wire transfers offer same-day or next-day delivery with real-time tracking and confirmation.

Benefits:

• Speed: Domestic wires are typically processed on the same business day.
• Security: Encrypted transmissions and multi-factor authentication protect sensitive financial data.
• Domestic Reach: Send funds in U.S. dollars including all States and US Territories.
• Convenience: Initiate transfers from your business online banking portal—no need to visit a branch
• Efficiency: Save recipient details for future use and streamline repeat transactions.

ACH Tax Payments

Allow businesses to pay federal, state, and local taxes electronically through the Automated Clearing House (ACH) Network. This method replaces paper checks with secure, direct bank-to-government transfers—streamlining compliance and reducing the risk of late or missed payments.

Benefits:

• Efficiency: Schedule one-time or recurring tax payments in advance.
• Accuracy: Built-in validation ensures correct tax codes and payment details.
• Security: Encrypted transmissions and multi-factor authentication protect sensitive data.
• Audit Trail: Automatic reporting and tracking for internal and external review.
• Customization: Supports both federal and state tax types with tailored workflows.

ACH Origination

Process of initiating electronic payments through the Automated Clearing House (ACH) Network, allowing businesses to move money securely between bank accounts. ACH Origination is a cornerstone of modern treasury operations—offering reliability, scalability, and control. Whether you’re sending direct deposits to employees or collecting recurring payments from customers, ACH Origination offers a fast, cost-effective alternative to paper checks and wire transfers. It’s ideal for businesses looking to automate payments and improve cash flow management.

Gateway Bank’s Automated Clearing House (ACH) Network* is a highly reliable and efficient electronic funds transfer system that will significantly enhance the ease of doing business for your company.

Benefits:

• Efficiency – Batch multiple payments into a single file for streamlined processing.
• Cost Savings – Lower transaction fees compared to wires or card payments.
• Security -Encrypted transmissions and compliance with NACHA rules.
• Flexibility – Supports both credits (e.g., payroll) and debits (e.g., customer billing)
• Speed – Funds typically settle within 1 – 2 business days.

 *Automated Clearing House (ACH) Network — The ACH is a network of regional associations, inter–bank associations, and private–sector processors. ACH payments are processed and settled electronically, thereby increasing reliability, efficiency and cost effectiveness. ACH payments are generally settled in one day or greater.

Stop Payments

Secure digital service that allows businesses to cancel checks—right from their online banking dashboard. Whether a check was issued in error, lost, or duplicated, this tool gives you the power to act quickly and prevent unauthorized or mistaken disbursements.

Benefits:

• Convenience: Submit stop payment requests 24/7 through your online banking portal
• Speed: Instantly flag checks before they clear
• Accuracy: Enter specific details like check number, amount, and payee to ensure precise cancellation
• Security: Encrypted access and multi-factor authentication protect sensitive financial actions
• Audit Trail: Receive confirmation and maintain records for compliance and internal review

Remote Deposit Capture

Secure banking technology that allows businesses to deposit checks electronically—without visiting a branch or ATM. By scanning checks using a desktop scanner, you can transmit digital images directly to your bank for processing.

Benefits:

• Save Time: Eliminate trips to the bank and deposit checks from your office.
• Accelerate Cash Flow: Get faster access to funds with same-day or next-day processing.
• Improve Efficiency: Streamline your receivables process and reduce manual handling.
• Enhance Security: Reduce the risk of lost or stolen checks with encrypted transmissions.
• Supports High Volumes: Ideal for businesses that receive frequent check payments.

Mobile Banking & Mobile Deposit Capture

Gives businesses the freedom to manage finances on the go—securely and efficiently. With intuitive apps and real-time access, you can monitor accounts, transfer funds, approve transactions, and stay in control no matter where work takes you. Our Mobile Deposit Service lets you deposit checks using your smartphone or tablet—no need to visit a branch or ATM.  Simply snap a photo of the check, submit it through your banking app, and the funds are on their way.

Benefits:

• Real-time account balances and transaction history
• Deposit Checks Anytime, Anywhere
• Reduce trips to the Bank and Streamline Operations
• Improve Cash Flow with Faster Processing.
• Secure Image Capture and Verification Technology.

Business Online Banking

Secure, digital platform that empowers companies to manage their finances anytime, anywhere. Designed for efficiency and flexibility, it offers a centralized hub for handling day-to-day banking tasks—without the need to visit a branch.

Benefits:

• Real-Time Account Access to view balances, transaction history, and statements instantly.
• Funds Transfer to move money between accounts or send payments via ACH and wire transfers.
• Bill Pay & Vendor Management to schedule payments and manage payees with ease.
• Mobile Banking to access your accounts on the go with secure mobile apps.
• Alerts & Notifications to stay informed with customizable alerts for transactions and balances.