Treasury Management - Payables Solutions
Your corporate success is our business
Modern banking tools to optimize cash flow without compromising security.
We deliver contemporary liquidity solutions with high quality customer service and an unsurpassed commitment to the technology of secure banking.
Oakwood Bank Commercial Center
Oakwood Bank Commercial Center is the cornerstone of out treasury and cash management services. The online banking service provides access to your account balances and transactions and to the other electronic services that we offer. With its state-of-the-art security, you can feel comfortable that your accounts are protected and only authorized individuals have access to your accounts and can approve transactions.
Move your funds quickly and securely within the U.S. or around the world with Oakwood Bank’s wire transfer services. Through Oakwood Bank Commercial Center, you can securely submit and approve wire transfer requests in U.S. dollars or in other currencies.
The origination of Automated Clearing House (ACH) credit transactions provides your business the ability to reduce and possibly eliminate the need for making payments with checks. Electronically paying payroll and vendors reduces the expense of mailing, for supplies such as checks and envelopes, manpower for folding and stuffing envelopes, and the reconciliation of outstanding checks. In addition, the potential for check fraud is reduced.
If your business has a large number of remittances of checks, our integrated payables services provides the ability to out-source the printing, stuffing, and mailing of these payments saving your business the expense of performing these tasks.
Simplify and automate your payment process by using our online bill pay service to establish single, recurring, and future dated payments.
Use our business credit card service to streamline expense processing, add control, and pay for every day expenses without using paper checks.
*Subject to credit approval.