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Payables Solutions

Managing payments efficiently is essential to maintaining healthy cash flow and supporting day-to-day operations. Citizens Independent Bank offers a suite of payables solutions designed to help businesses streamline processes, improve visibility, strengthen controls, and move money with confidence.

Solutions Designed to Simplify Business Payments.

 

Whether you're paying vendors, processing payroll, sending time-sensitive transfers, or managing receivables, CIB can help you build a payment strategy that works for your business today and supports your growth tomorrow.






Electronic Business Payments

ACH Payments

Automate recurring and one-time payments while reducing the time and expense associated with paper checks.

  • Vendor payments, payroll, and recurring expenses
  • Improved efficiency and payment control
Time-Sensitive Transactions

Wire Transfers

Move funds quickly and securely for domestic and international payment needs.

  • Fast bank-to-bank transfers
  • Ideal for large-dollar transactions
Managing Accounts Payable

Vendor Payments

Streamline how your business pays vendors, suppliers, and service providers.

  • Multiple payment options in one strategy
  • Improved cash flow visibility and control
Faster Deposits

Mobile & Remote Deposit

Deposit checks from your office or on the go without making a trip to the bank.

  • Mobile Deposit for lower deposit volumes
  • Remote Deposit Capture for higher-volume processing
Everyday Business Spending

Business Debit Cards

Give authorized employees convenient access to funds for routine business purchases.

  • Secure purchasing and ATM access
  • Simplified expense management
Routine Business Expenses

Business Bill Pay

Manage recurring bills and payments from a single online platform.

  • Schedule and track payments online
  • Reduce administrative workload
Accepting Card Payments

Merchant Card Services

Provide clients with convenient payment options while helping your business get paid faster.

  • Accept credit and debit card payments
  • Support in-person, online, and mobile transactions
Accelerating Receivables

Lockbox Services

Improve payment collection efficiency by outsourcing the processing of incoming payments.

  • Reduce manual accounts receivable processing
  • Improve deposit speed and cash flow visibility
Payment Reconciliation

Electronic Data Interchange (EDI)

Access detailed payment information that helps streamline reconciliation and cash application.

  • Detailed ACH remittance information
  • Improved visibility into incoming payments












































































































    Need Help Optimizing Your Payment Strategy?

     

    From paying vendors and collecting receivables to improving controls and cash flow visibility, Citizens Independent Bank can help identify the solutions that best fit your business.

     

     
     
     
    We provide business banking, personal banking, mortgage lending, and financial services to businesses and individuals across the western Twin Cities. Explore our local banking locations in Saint Louis Park, Robbinsdale, Hopkins, and Plymouth to find the branch most convenient for you.