ACH Origination
ACH services allow businesses to originate and receive a broad range of electronic transactions including direct deposit payroll, vendor payments, website and telephonically consumer originated transactions. ACH transactions can significantly reduce payable and receivable costs and streamline accounting.
CDARS
Looking for a way to keep large deposits safe? CDARS® may be your answer. With CDARS, you can access FDIC protection up to $50 million on CD investments. You will enjoy the convenience of banking directly with one bank, sign one agreement, earn one interest rate (per term selected), and receive one account statement. There is no need to go through the hassle of multiple rate negotiations or tracking numerous statements and year-end tax documents from multiple banks.
CD ROM Account Statements
Maintain a backup of all account activity including check and deposit images with the convenience of CD ROM statements. This paperless, permanent storage tool is the perfect solution for long-term storage and research as well as sharing account activity with an accountant or attorney.
Door-To-Door Bank Courier Services
Unable to get out of the office to get to the Bank? Don't worry..leave the traffic and hassle to us.. Bank of Florida is proud to offer a unique service called "Door-to-Door Banker." Our friendly, uniformed traveling bankers will come to your office to pick up your transactions on a regular basis or simply by placing a phone call. Our Door-to-Door service is available for paper transactions, sorry no cash transactions please.
Online Business Banking
By offering the convenience of the Internet partnered with a powerful set of services, Bank of Florida’s Online Business Banking service called Cash Manager Online allows businesses to completely manage all banking needs from one convenient browser based tool that requires no additional software. Businesses can select various modules based on need, including online payroll processing, ACH origination, stop payments, tax payments, account transfers, wire transfers, imaged statements and more.
Lock Box Services
Bank of Florida will process your high volume payments from one central location in Florida. Our Lock Box Remittance Service will improve funds availability, drastically reduce time spent on receivables and provide electronic reports that can be downloaded into many types of accounting software.
Merchant Services
For some businesses, accepting credit cards has become the most frequently used and preferred method for client financial payments. We offer reliable and dependable merchant services with authorization and draft capture for MasterCard®, VISA®, Discover®, American Express®, and Diners Club® transactions.
Remote Deposit Capture
Never leave the convenience of your office with Bank of Florida’s Remote Deposit Capture Service. This program allows businesses to electronically scan and capture items for deposit directly from a computer at your place of business. Items are submitted via the internet and deposited to your Bank of Florida account just as if you had made a deposit at the Bank. This service will improve funds availability, and you can research electronic images of your deposits directly from your desktop.
Sweep Account Services
Bank of Florida’s Sweep Services provide an attractive way for companies to relieve the daily burden of determining cash positions, making investment or loan payment decisions, and transferring funds. Funds in excess of those needed to support daily activities can be automatically invested into an indexed or higher-yielding account, or can be automatically applied to the principal of a Bank of Florida line of credit.
Wire Services
Enjoy faster, simpler and more convenient processing for domestic and foreign wire payments. Bank of Florida’s Wire Transfer Service allows clients to issue wires in US or foreign currencies, establish recurring transfers, receive notification for incoming or outgoing wires and designate wire limits and types for various wire originators within your company. Wires can be originated online, by fax, telephone or in-person.
Wealth Management Services
Whether you’re planning for retirement, rolling over investments from your 401(k) plan to an IRA, looking for assistance with your business succession plan, or desire to have your overall investment portfolio managed by an objective investment consultant or corporate fiduciary, Bank of Florida Trust Company can help. We specialize in investment consulting, advisory and trust services that will help you grow and protect your assets now and in the future.