Cash Management Solutions
Metropolitan Commercial Bank® provides a full suite of cash management solutions that allows you to easily manage your everyday business cash flow - receipts, payments, and information management. Our team will work with you to understand your needs and then customize solutions tailored to your business.
Our information management solutions allow you to manage your daily financial position from anywhere and at any time. It will enable you to manage of your cash flow and provide you with the timely information you need to make your business decisions.
|Business Online Banking||Business Online Banking is your secure Internet portal to Metropolitan Commercial’s electronic services. Whether it’s checking your balances, viewing paid checks, transferring funds, or initiating a wire or ACH transaction, everything you need is at your fingertips, 24 hours a day, 7 days a week.|
|Account Alerts||Our Business Online Banking portal allows you to set up account alerts so that you are in touch with your finances 24 hours a day, 7 days a week.|
|E-Statements with Check Images||Our E-Statements puts historical account information at your fingertips, along with images of all your paid checks. We provide you with three years of history from the time you register for this service.|
|Full & Partial Account Reconciliation||Know your business’ cash position at any point in time by using our Account Reconciliation services. We offer Full Reconciliation, which shows all checks paid as well as outstanding issued checks and Partial Reconciliation, which shows paid checks only.|
|Positive Pay||Mitigate check fraud on your accounts by using Metropolitan Commercial’s Positive Pay solution. Simply upload your check issue file into our solution and we will email you an alert to review pending checks flagged as exceptions because they don’t match those your company has issued. You decide if the check should be paid or returned. To further mitigate fraud on your accounts, we also offer ACH Blocking, which gives you the ability to block all ACH transactions on your account and ACH Filtering, which gives you the ability to block all ACH transactions on your accounts except ones that you want us to allow.|
|Telephone Banking||Metropolitan Commercial’s Telephone Banking services give you access to your account 24 hours a day 7 days a week. This easy-to-use automated system allows customers to obtain account information anytime from anywhere. Call 1-866-363-8226 using any telephone to check balances, verify deposits, verify checks paid, and withdrawals.|
Optimizing your cash flow is critical to the success of your business. Our receivable solutions will allow you to efficiently and effectively manage your receivables and quickly turn them to cash.
|ACH Processing||Using our ACH Processing services you can receive ACH payments into your account in a timely and efficient manner. Using Metropolitan Commercial’s Business Online Banking system, you can originate ACH receipts from your clients.|
|Lockbox Services||Metropolitan Commercial’s offers a fully integrated lockbox solution for all forms of payments you receive – paper checks, ACH, bill pay, and credit cards. Our Lockbox Services provide a daily upload file for your accounts receivables software, saving you both time and money.|
|Merchant Credit/Debit Card Services||Enhance your credit and debit card receipts with our card processing services. If your business currently does not accept credit or debit cards, let us show you how easy it is to have your customers use this easy payment method. Metropolitan Commercial has teamed with First Data to offer an industry-leading processing solution.|
|Remote Deposit Capture||Our Remote Deposit Capture service allows you to deposit checks from the convenience of your office at any time and on any day. Deposits made up to 6pm on a business day are credited to your account that day. Deposits made after 6pm on a business day or on a non-business day are credited to your account on the next business day.|
|Wire Transfers||Our Wire Transfer services allow you to receive wires into your Metropolitan Commercial accounts for immediate credit. If you wish, you can be set up to receive either an email or fax notification when a wire has been received and credited to your account.|
Just as with receivables, efficiently and effectively managing your payables will allow you to maximize your cash flow. Our payable solutions will enable you to do this.
|ACH||Use Metropolitan Commercial's ACH Processing services to make business payments such as vendor payments, payroll, taxes, as well as recurring payments such as mortgage or rental payments. All this can be done from the convenience of our Business Online Banking platform.|
|Business Visa Check Card||Easily access your account for all types of business expenses using our Visa check card. With our Visa check card you can make cash withdrawals at any ATM and all ATM transactions are free, whether you are using a Metropolitan Commercial Bank ATM or any other ATM worldwide.|
|Online Bill Payment||Conveniently and securely pay and track all your bills with a few clicks of the mouse with our electronic bill pay service. Accessed through our Business Online Banking platform 24 hours a day, 7 days a week, you can pay bills as you receive them, as well as set up future or recurring payments.|
|Payroll Cards||We can assist you in providing your employees with competitively priced payroll cards. This will allow them to have all or a portion of their pay directly deposited on to their card, which will save both time and money for you and them. We can even brand the card for your business.|
|Payroll Direct Deposit||Metropolitan Commercial will assist you in providing direct deposit payroll to your employees through ACH.|
|Wire Transfers||Our Wire Transfer services allow you to send wires from your Metropolitan Commercial accounts for timely credit to your clients. You can securely and conveniently send wires from our Online Banking Platform at any time of day.|
Learn More About Our Cash Management Services
For more information regarding Metropolitan Commercial Bank’s Cash Management services, please contact Laura Capra, Senior Vice President at 212-659-0606 or send an email.