At Preferred Bank we know that the easier it is for you to pay your employees and vendors, the more efficient your business will run. We offer solutions to help you with your payment needs.
PBnet Business Bill Pay allows users of our PBnet Business Online Banking to receive and pay their bills in a secure way. With just a few clicks you can electronically send your bills without writing a check or paying for postage. Some of the features of our Bill Pay include:
Preferred Bank's Visa Business Debit Card acts like a Visa but works like a check. You can use the card to make a purchase anywhere that accepts Visa by signing or using your PIN and the money debits your designated Preferred Bank checking account. The business owner can distribute cards to selected employees to use for business expenses, supplies etc.
Preferred Bank offers a Visa Credit Card for business customers that allow you to issue cards to your owners and employees. The credit line amounts are controlled by you on a per card basis. All charges are due and payable in full each month. Monthly statements are sent to the business ensuring full accountability for all charges made.
Preferred Bank offers both domestic and foreign wire transfers that allow you to securely send money anywhere in the world. To send a wire transfer complete the one of the wire transfer forms below, print it and visit your local branch to complete the transaction. Outgoing Wire Tranfers can be made by fax with a pre-authorized agreement on file. See your branch for details.
Preferred Bank allows you to pay your Federal Taxes by using the Electronic Federal Tax Payment System (EFTPS). Click the link below and begin paying your federal taxes electronically directly from your Preferred Bank checking account.
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With Preferred Bank's ACH Credit Origination, you can eliminate paper checks and electronically pay your employees directly to their bank accounts at any bank. Just upload your employee's paycheck amounts through our ACH software in PBnet Business Online Banking and let us do the rest.
For access to the ACH Rules. http://www.nacha.org/
Get peace of mind by using our Positive Pay service. By transmitting a file to us each time you write checks, checks you authorize will be paid against your account. If checks are presented that are not recognized from your submitted list of checks, you receive an email notification and are directed to view the item(s) and make a pay or no pay decision. This service can be a part of any business fraud prevention program.
We offer Post No Checks Service for those companies that choose to use their account entirely in an electronic manner. We can return all paper checks presented against the account. This is a fraud prevention tool available to your business.
1 Qualifying relationship required
2 Subject to credit approval