What is Business Online Banking?
Business Online Banking is our Online Cash Management product that allows business clients 24-hour, real-time access to their accounts. Businesses can view account information, move funds, check transactions, plus initiate stop payments, wire transfers, and ACH transfers.
How long is the transactional information available with Business Online Banking?
You can access transactional information for your current statement cycle and previous statement cycle. You have up to 25 days after the last day of your previous statement to view and/or export the information.
Can I download my business account history into financial management software?
Yes, information from your checking, savings, and loan accounts can be downloaded to your computer, and then imported into selected software applications such as Microsoft® Excel and other commonly used software. Note that not all file formats are supported. Some functions may also support the importation of data created in an accounting program to your Business Online Banking applications.
Can I transfer funds from/to other financial institutions?
Yes, depending on your level of service, you can initiate a wire transfer, or originate an ACH funds transfer.
Can I approve the transfer of funds initiated by employees?
Yes. With Business Online Banking you can define access levels and set transfer limits for each employee.
What should I do with the confirmation number I receive after initiating a transaction such as a transfer?
You may either print the screen or simply make a note of the confirmation number for future reference.
Need Assistance?
If you have additional questions, contact Webster Bank for assistance.