Treasury Solutions

Improved efficiency, enhanced security. Equip your business to streamline your processes and stay competitive. 



Treasury solutions reduce your administrative load and free up more time.


Our commitment to make a positive difference in people's lives most certainly includes catering to the financial needs of businesses in our communities.  We're here to help your business thrive.  We want to remove your banking burdens so you can get back to what you do best.

Choose Bank Independent for:
  • A dedicated non-commissioned Treasury Solutions team at your service,
  • Complimentary on-site consultations and follow-up,
  • Flat-rate pricing,
  • 24/7 customer service by phone, and
  • Flexibility you can only get from an independent bank.
Give us a call Monday through Friday from 8:00 a.m. to 5:00 p.m. at (256) 386-5000 or (877) 865-5050 or request a call at your convenience from a Treasury Solutions Specialist by completing the form to the right.





Your business day keeps you moving at full speed, and you want to save time wherever you can. North Alabama businesses of all sizes in various industries rely on Bank Independent to get more out of their accounts and manage cash flow efficiently.
Use the Automated Clearing House network to transfer funds electronically between individuals, businesses and government entities. ACH securely processes bank-to-bank and account-to-account funds transfer to simplify your business' credits and debits.
  • Direct deposit payroll into your employees' accounts.
  • Pay vendors' invoices electronically and on time.
  • Bill and collect customer receivables, membership dues, and payments.
  • Eliminate potential errors and delays from paper checks and mail.
  • Enjoy the peace of mind of available dual control ACH processes.

You can also choose Same-Day ACH, which means ACH recipients will receive funds in their accounts on the same business day you originate the ACH. Debit and credit ACH transactions of $1,000,000 and less are eligible for Same-Day ACH at this time.
 
Subject to eligibility requirements.
Deposit checks anytime from your office with an affordable system that helps you manage your check-processing more conveniently. You can quickly and securely scan batches of checks from your office, while saving time better spent on your important work.
  • Deposit checks from your desktop using a scanner.
  • It's the ideal solution for businesses depositing more than 25 checks a month.
  • An easy-to-follow program reads each check, creates a stored image, and prepares a deposit ticket. You confirm the amount of each check and deposit totals, and then transmit the information through a secure connection.
  • Enjoy easy access to online deposit reports.
Subject to eligibility requirements.
  • Use our Mobile Banking app to deposit up to 25 business checks per month using your mobile device at no charge.
*Bank Independent does not charge a fee for Mobile Deposit, although carrier data charges may apply.
  • Deposits received and approved before 8:00 p.m., Monday through Friday (excluding federal holidays), will generally be available the same day.
  • Deposits received and approved after 8:00 p.m., Monday through Friday (excluding federal holidays), will generally be available the next business day. 
Move money instantly, whether you're doing business across the state or around the world. Wire transfers are the solution you need to send funds when you're on a deadline. Close your largest transactions in a matter of minutes with more security than sending checks. You can initiate wires from your Bank Independent business account to almost any bank in the world, either through our digital banking platform or at one of our sales offices. 
 
Domestic Wires
  • Domestic wires submitted by 4:00 p.m., Monday through Friday, are delivered the same day.
  • Initiate or approve wires easily and quickly through Online or Mobile Banking.
  • Get an extra layer of security through out-of-band verification (reply to a text or phone call to verify your transaction).
 
International Wires
  • Initiate International Transfers from any Bank Independent sales office.
  • International Transfers submitted by 4:00 p.m., Monday through Friday, generally arrive at the recipient bank in one to two business days.
  • International Transfers can be submitted to more than 200 countries in over 130 currencies.
Subject to eligibility requirements.
Set up automatic safeguards to protect against check and ACH fraud. 
Fraudulent transactions can be costly to your business. Checks can be stolen in the mailing process and altered. Or bogus ACH transactions can slip through without the proper systems in place. Use Positive Pay from Bank Independent to automatically flag unauthorized transactions so you can review the details, protecting your business from losses.

Check Positive Pay
  • Create a file listing information about checks written from your Bank Independent business checking account.
  • Upload your file to Treasury Online Banking.
  • When checks are presented for payment, we compare them to the information you submitted in your file.
  • If the information doesn't match, we pause the transaction and notify you through text or email, and within Treasury Online or Mobile Banking.
  • You can pay or return ACH exceptions easily through Treasury Online or Mobile Banking.
ACH Positive Pay
  • All ACH debits are blocked from posting to your account.
  • You may set up ACH Filters to allow only certain debits from specific companies to post to your account.
  • If the information doesn't match the filter, we pause the transaction and notify you through text or email, and within Treasury Online or Mobile Banking.
  • You can pay or return check exceptions easily through Treasury Online or Mobile Banking.
Create an efficient payment process so you can focus more time on your clients and business. You'll reduce costs, increase productivity, and decrease the potential for errors by having checks delivered to one of many regional U.S. Postal Centers across the United States and letting us manage the pickup and processing. We'll immediately deposit coupons and checks, giving you quicker access to your funds at the end of each business day. We'll also send check images the same day so you can update accounts receivable records.

Lockbox works for any type of business – wholesale businesses with invoices or statements, retail businesses with coupons and a remit scanline, even medical with insurance forms, patient payments and correspondence. Lockbox also generates an EDI 835 file for your medical practice.
  • Review robust daily reporting and create an audit trail that includes images of checks, invoices, and coupons for up to two years online.
  • Access custom files for downloading to your Accounts Receivable system.
  • Choose exception processing of items with missing remittance.
  • Deposits are made to your Bank Independent account the same day to reduce mail float.
  • International Transfers are secure and convenient.
  • Bill Payment Checks can also be accommodated.
Each afternoon, you can log in to our customer portal to see all activity and total amounts collected and processed. Daily payments are deposited into your account each night. 
You can't maximize your money every minute of the day, but our Sweep Services can. Automatic transfers can be scheduled or triggered by a threshold you define so your money moves from one Bank Independent account to another. Your Treasury Solutions representative can explain your options and create a customized solution.
  • Help your business maintain minimum account balances.
  • Avoid costly overdrafts and declined payments.
  • Ensure your various operating accounts are organized appropriately.