Man calculating finances, symbolizing smart budgeting and financial decision-making.

Collections & Disbursements

Unlock your potential by taking control of your business’s finances.

Collections & Disbursements Services

Unlock your potential by taking control of your business’s finances. We know running a business can be complicated. Our Cash Management services help you control and maximize your business cash flow with a suite of cash management solutions, so that you can operate more effectively and efficiently. 

Automated Clearing House (ACH) Origination

Winchester Savings Bank’s ACH Origination module is a low-cost electronic payment delivery system that allows business customers to pay or collect funds electronically though the ACH network- one of the safest, most reliable payment networks available.  ACH allows businesses to directly deposit or withdraw funds to their employees, vendors and suppliers within days- offering more control over the timing of payments posting to your bank accounts. 

Remote Deposit Capture 

Remote Deposit Capture allows your business to electronically deposit multiple checks into your Winchester Savings Bank accounts right from your office- eliminating the need to travel to one of our branch locations.  Remote Deposit Capture not only saves time by eliminating travel, it also offers accelerated cash flow as checks are deposited faster- allowing quick access to your funds.  

Fraud Prevention

Positive Pay is a powerful, proactive fraud prevention tool offered to our business customers. Fraud is at an all time high, however utilizing positive pay can help protect your business against the devastating effects of account fraud. Winchester Savings Bank offers Positive Pay services for Check and/or ACH payments.    

The service is easily accessed through our online banking system, it compares payments you have made against those presented for payment.  If there is a discrepancy you are in complete control of paying or returning the item in question. 

Landlord Escrow Services

This service allows Landlords and Property Managers to easily track multiple security deposits by property and to receive detailed monthly reporting.  It eliminates the need to open separate accounts for each tenant, which can often be a time-consuming practice.  One master account will provide you with a holistic view of all security deposits held at the Bank. 

Wire Transfer

Due to the finality of a wire transfer, Winchester Savings Bank requires customers to visit a branch in person when sending a transfer.  To accommodate our business customers, we offer a secure and convenient way to process domestic wires through our online banking system, eliminating the need to visit one of our branches when your business needs to send an urgent payment.   

Other Cash Management Services:

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