Lockbox Services
Accelerate your collection cycle by reducing mail processing and collection float. Have your customers send their payments directly to us for faster credit to your account. We will give you an accurate and complete accounting of all transactions.
Remote Deposit Solutions – Courier Direct
Indiana Business Bank brings the bank to our customers on a daily basis so they can focus on their core business. This in-house service provides convenient and reliable pick-up and delivery for a variety of items including daily deposits and important bank documents.
Courier Direct allows a business to put their money to use more quickly, reduce their deposit related expenses, and increase earnings. In addition, Indiana Business Bank assumes full responsibility for the safety and security of our customers' transactions, which eliminates liability and risk to their employees. Courier Direct is like having an Indiana Business Bank branch inside your business.
Please contact us to learn more.
Merchant Services
Merchant Service products enable your company to accept Visa, MasterCard, American Express, and various other credit and debit cards as payment for purchases. These products reduce your need to maintain credit accounts and manage accounts receivable, helping you save money.
Zero Balance Accounts (ZBAs)
With Zero Balance Accounts, checks are written or deposits are made and the net balance is transferred to a concentration account. Check debits and deposit credits are transferred separately. ZBAs ensure that excess funds do not stand idle in multiple accounts and eliminate the need to initiate account transfers. You get centralized, single account control and the ablilty to view all daily activity.