An efficient payment collection process can directly affect the availability of working capital needed to meet your business obligations. Our receivable solutions are designed to accelerate the management of cash and checks while reducing processing expenses within the office. Our Treasury Services specialists will work with you to customize a collection system that works effectively, efficiently and conveniently for your company.
ACH Direct Debit
Collect recurring payments for dues, membership fees, and other recurring collections electronically through our Treasury Services Online Banking.
Conduct domestic or international business wire transfers.
Capture/scan checks and transmit files to the bank from your office using one of our check scanning devices. Business customers can also use Mobile Deposit Services.
Merchant Processing Services
Accept credit card payments with an alliance with First Data. First Data approves the application and negotiates the rates associated with the services.
Process incoming and outgoing collection drafts.
Lockbox Services simplify collection and processing of account receivables by having your customers' payments mailed directly to our P.O. Box.Processing includes capturing the remittance document preparing and depositing all checks received, preparing and transmitting a file of all remittance documents and a daily report to the Client for updating their accounts.
*Contact Texas Gulf Bank to receive information on pricing for fee-based services, including the cost of the check scanning devices used in Remote Deposit Capture. In addition, contact your mobile carrier provider for any data transfer fees that may apply in connection with mobile deposit.