North Shore Bank’s suite of disbursement products will help you to monitor your payables and manage company funds more efficiently. You’ll be able to distribute funds to vendors, employees, investors as well as other payees . . . efficiently, reliably and securely.
Zero Balance Services (ZBA)
Consolidate balances from multiple sub-accounts to a concentration account. Funds can then be moved to sub-accounts (payroll, tax etc.) as needed.
North Shore Bank’s Account Reconciliation services can assist you in streamlining account management and reduce the time and expense associated with reconciling monthly checking account statements. Depending on your needs you can select the option that’s right for you – partial, full or deposit reconciliation.
Electronically collect regularly occurring payments. It’s easy, secure, and there’s no float, no waiting for mail and no fuss. Make corporate to corporate payments with your business partners, or consolidate cash among your accounts.
Wire Transfer Services
Initiate immediate funds transfers to other financial institutions with our flexible wire transfer options.
For information about cash management products and services at North Shore Bank —contact Peter Malinowski at (978) 538 -7072