Cash Management Tools

ACH

ACH is a safe and convenient way to move money between banks without using paper checks, wire transfers, credit card networks, or cash. Lowell Five offers both Debit and Credit processing as well as Same-Day options.
It’s simple to schedule your ACH transfers for timely delivery. To sign-up or for more information contact one of the Business Banking Advisors listed below.

Business Banking Positive Pay

Positive Pay provides extra security for paper checks by comparing check data to your electronic files, including account number, check number, check amount, and date. Checks with altered amounts or checks that are older than 180 days are stopped before payment.  You can even electronically void problem checks and immediately reissue the replacement check.

Real Estate Management Tools

Solutions to easily manage multiple rent and security deposit accounts.

Remote Deposit Capture

Remote Deposit Capture (RDC) enables you to scan and deposit checks in your office anytime, even if you have multiple business locations. Enjoy faster deposits without the time and expense of repeated branch visits.

You’ll also benefit from detailed electronic deposit records, email notifications, and even early warning of returned or altered checks with electronic comparisons of check images.

Sweep Accounts

A Sweep Account will automatically move funds between your Lowell Five deposit accounts to maximize their value.

Wire Transfers

For payment to a supplier or a vendor, consider a wire transfer from your Lowell Five Online Business Banking account. You can create templates for recurring payments, specify different security access levels for employees, and initiate transfers from your computer or phone.

Each wire transfer is reviewed by a Lowell Five Business Banking professional for an added layer of security and accuracy.