Webster Five offers a variety
of quality cash management products and services
tailored to fit the needs of your business. Our
professionals are committed to providing informed
solutions to meet the varied needs of each business
customer. We take a hands-on approach to provide
solutions that work for you and your business.
Sweep
Account
Webster Five’s
Sweep Account provides an opportunity to keep your company’s
money working for you. Investable balances in excess of
a predetermined target balance are transferred automatically
to an investment fund of your choice. A choice of investment
funds is available through our arrangement with Federated
Investors. By using Webster Five's Sweep Account, your
company's money is never idle.
Zero Balance
Account
Webster Five offers Zero Balance Accounts
(ZBAs) that automatically transfers funds to and from
your company’s main account to the ZBA sub account to
cover daily check clearings. Funds centralized in a concentration
account can be invested or used to reduce debt. A statement
is generated for each ZBA detailing account transactions
and ZBA transfers.
BusinessPath
ACH Origination Service
Our web based online ACH (Automated Clearing
House) origination service allows our business customers
to initiate electronic transactions in a convenient and
cost-effective manner. You can originate payroll deposits,
payments, and other business transactions. This service
reduces payment processing costs and eliminates lost or
stolen checks.
QuickPath
Internet Banking
Banking just got easier with our electronic
QuickPath internet banking. Access your account information
24 hours a day 7 days a week, with convenience and security
from your business or home. You can transfer funds, obtain
account statement information, order checks, view and
download check images and much more. Try our QuickPath
service today!
Wire Transfers
Our Wire Transfer Service allows our business
customers same day payments to accounts at other banks,
both domestic and international, in a quick, convenient,
and safe manner. Transfers can be made on a repetitive
or non-repetitive basis.
EFTPS
The federal government
offers a FREE tax payment system courtesy of the U.S.
Department of the Treasury. It is designed with the busy
business customer in mind. Your company’s tax payments
can be made using the Internet, Personal Computer (PC)
software, or a phone. All you need to do is input your
company’s tax payment information and send it. It’s convenient
and timely.
