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 check stop payments, wire transfers, and ACH transfers.

Who can access Business Online Banking?

This service is available to any bank customer with a business account. Businesses can also grant full or limited use of Business Online Banking to employees.

How do I sign up for Business Online Banking?

Contact the Bank to learn how to sign-up for this service. We will work with you to establish the appropriate plan and service levels for your individual business needs.

How do I get a username and password for Business Online Banking?

Usernames and passwords will be sent to you once your enrollment applications have been approved and your account setup is complete.

What does "real-time" account information mean?

This means account balances and transactions are updated as soon as items are processed by the bank, delivering the most current information available.

Can I download my business account history from Business Online Banking?

Yes, information from your checking, savings, and loan accounts can be downloaded to your computer, and then imported into selected software 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 transfer funds between my personal and business accounts?

For sole proprietors and owners, transfers can be made between personal and business accounts. This feature is not available for government, public entity, or nonprofit accounts.

What types of ACH transactions can I originate in Business Online Banking? 

Border Bank allows for the origination of PPD, CCD, and CTX ACH transaction types. It is important that you originate ACH entries using the correct ACH Application (SEC) Code. This code properly identifies the debit or credit entry transmitted to the account at the Receiving Financial Institution. 

ACH APPLICATION (SEC) CODE	APPLICATION USE
PPD	Payment from or Deposit to a Consumer (person)
CCD	Payment from or Deposit to a Corporation (business)
CTX	Corporate Trade Exchange - Payment to a Corporation (business) which accommodates addenda records

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 Border Bank for assistance.