At Univest, we protect your funds and provide peace of mind. Our
disbursement solutions improve accounting efficiency, minimize
check fraud losses, and allow your business to collect funds and
make payments electronically.
Automated account reconcilement services from Univest provide
your business with greater accounting efficiency and increased
productivity by reconciling check registers against your business
bank statements to detect any discrepancies. The ability to
outsource all or part of the monthly reconcilement process is
dependent on your business' needs.
Automated Clearing House (ACH)
ACH services allow your business to collect funds and make
payments electronically. Typical ACH transactions include direct
deposit, direct debit, vendor payments, direct deposit of payroll,
as well as federal and state tax payments. An ACH transaction can
also be used for collecting monthly payments or membership
Fraud prevention, especially regarding checks, is one of the
biggest concerns for businesses. Positive pay is an automated fraud
detection tool that complements internal security measures to
ensure that only authorized checks are paid. It monitors checks
processed for payment against your account and rejects unauthorized
transactions before losses occur.
Transfer money safely and efficiently with Univest's Wire
Transfer service. Whether you are sending or collecting funds,
initiate transfers from a Univest account online or by phone.
Transferred funds are available upon receipt and are immediately
credited to or debited against your account.