Business Online Banking

Spend less time at the bank and more time running your business by electronically depositing checks from the convenience of your desk. If your business receives checks as payment, Bank of Old Monroe has a check deposit solution designed to save you time and money.

Merchant Remote Deposit Capture

Using a special desktop scanner and our online banking interface, make deposits from your home or office quickly and securely by simply scanning checks at your business location and submitting the images electronically to Bank of Old Monroe for deposit. In addition to skipping the line at the bank, with Merchant Remote Deposit Capture, you can:

• Deposit multiple checks in a single transaction.
• Improve cash balances and accounts receivable collection times by scanning and depositing checks immediately upon receipt.
• Minimize fraud and increase efficiency

All check images must be submitted to Bank of Old Monroe by 3:00 PM for same-day credit to your account. Deposits submitted past 3:00 PM will typically be available in your account on the next business day.

If you are ready to save time and money with Merchant Remote Deposit Capture, we offer Merchant Deposit Capture for qualified business banking customers. Please contact your business banker directly or call us at 636-665-5601 for more information.

**Merchant Remote Deposit Capture fees apply.

Save time and money with Bank of Old Monroe’s ACH Payroll Service. Today’s small business owners rely on ACH (Automated Clearing House) to make and receive payments. ACH streamlines the payment process by eliminating paper checks, improving efficiency, and enhancing your ability to stay on top of your business’ cash flow.

We offer ACH for qualified business banking members. Please contact your business banker directly or call us at 636-665-5601 for more information.

*ACH Payroll customers must be registered for Business Online Banking.

**ACH Payroll fees apply.

Positive Pay is an account reconciliation processing module within Business Banking that allows business customers to upload and/or manually input issued checks, view issued checks as reconciled against paid items, and determine what action to take with exception items.

Positive Pay Pricing

• <100 Issued checks per month – $15*
• <500 Issued checks per month – $25*
• <750 Issued checks per month – $35*
• <1000 Issued checks per month – $45*
• >1000 Issued checks per month – Contact us for price

We offer Positive Pay for qualified business banking members. Please contact your business banker directly or call us at 636-665-5601 for more information.

*Positive Pay customers must be registered for Business Online Banking

**Positive Pay fees apply.

Pay bills online, anytime, safely and securely. To get started, all you need is your personal information and account numbers. Once your registration is approved by Bank of Old Monroe, you should have access to your accounts online in just one or two business days.

Additional benefits of online business bill pay include:

• Simplify the payroll process, easily start and stop receiving bills online, and activate/deactivate payees with just one click.
• Make direct payments from the convenience of your online banking home page.
• Set up specific rules to control automatic payments so they are sent out when you need them to.

Set up Bill Pay

• Log in to your online banking account.
• Select Bill Pay from the top menu bar.
• Fill out the required information – and you’re all set!

Please feel free to call us for assistance at 636-206-8870.

Account alerts help you avoid surprises

Convenient and customizable, free business account alerts notify you when certain activities have taken place in your account. You choose which alerts you want to receive and how you want to receive them — via email, text message, or push notifications. Alerts can help you:

• Prevent overdrafts.
• Know when to move funds between accounts.
• Confirm payments, transfers, and deposits.

You can choose from different types of alerts, including:

• Current balance.
• Insufficient funds.
• Account balance less than a specified amount.

Go paperless with E-statements

Wouldn’t it be great to be able to view your statements sooner? When you sign up for e-Statements there’s no need to wait around at the mailbox. An e-Statement, or electronic statement, is the alternative to receiving paper statements in the mail. Receiving e-Statements has many perks like having the ability to download the file directly to your computer, avoiding the hassle of lost or stolen paper statements, & benefiting the environment by reducing paper usage!

To sign up for e-Statements, simply login to your Online Business Banking account and click on Account Activities & Reporting. Under Statements, choose Myriad Online Statements.

If you need to provide online banking access to one of your employees or partners, you can set them up as an authorized user.

You can control what rights and permissions an authorized user has at both an account and transactional level. This allows you to provide a secure way for other users to log in and help manage your accounts without using your personal login credentials.

Note that if you provide access to an authorized user, you are responsible for all of the transactions they conduct as well as monitoring their credentials and access privileges.