Business Banking
Remote Deposit
Save time, expense, and avoid disrupting your business day with Remote Deposit.
Deposit checks electronically from your business to your Eastwood Bank account, without making a trip to the bank.
- Your business receives checks and posts payments (as usual).
- Scan checks and transmit images from your business to Eastwood Bank through a secure, encrypted connection. (No trip to the bank.)
- Eastwood Bank clears images of checks and credits your business account. (Same day credit up until 6 p.m. Monday - Friday.)
Reduce expense:
- Deposit process is simplified.
- Physical transportation of checks is eliminated.
- Multiple bank relationships can be consolidated.
Improve cash management:
- Extended cut-off time of 6 p.m.
- Accelerates clearing of deposits.
- Better funds availability.
Upgrade information reporting:
- Immediate access to view images deposited.
- Real-time activity and balance information.
- Quicker and easier account reconciliation.
Contact an Eastwood Business Banker to help you evaluate the benefits of Remote Deposit for your business, recommend the equipment needed for your business, and provide start-up information and on-going assistance as needed.
