Streamline your daily cash management with First Reliance Bank’s Treasury Services.
In short, our Treasury Services allow you to focus more on your business and less on your cash management.
Electronically deposit funds to your employees and customer accounts. ACH allows you to:
The First Reliance Platinum Collection is the local credit card that gives your business global purchasing power.
A proactive tool to stop fraudulent checks and presenters. You provide amounts and serial numbers of checks you issue. First Reliance Bank compares checks presented for payment with the information you provide. Exceptions trigger alerts to make pay/return decisions. Images of checks can be accessed on demand. Payee positive pay is also available. Payee Positive Pay is where the name on the check in the “pay to the order of” line is scored against the payee name provided with the issue item to determine the likelihood of a match.
A proactive tool designed to alert you when an attempt is made to withdraw funds from your account electronically, using the ACH payment network. You setup the parameters that should prompt an alert and the method of the alert (text, email or both). Upon receipt of an alert, you can return a payment, pay it once, or add it to your approved list. You even have optional parameters like maximum amount, frequency, and start and end date.
A tool to block certain companies from attempting to withdraw funds from your account electronically, using the ACH payment network.
For businesses with high transaction volumes, large balances, or multiple checking accounts, Account Analysis accrues earning credit on balances that can be used to offset most or all fees.
