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Cash Management

We have the tools to help you get business done.

When it comes to the financial management of your business, you need the right tools to ensure success. Take control of your receivables and payment processing activity with BankNewport’s cash management solutions. Our suite of services makes it easy for your business to:

  • Increase operational efficiencies
  • Manage cash flow and working capital
  • Maximize earnings on deposit balances

ACH
Origination

Wire
Transfers

Payroll
Services

Merchant
Services

Business Credit &
Debit Cards

Electronic
Banking

Business Mobile Remote Deposit

Business Account Sweep

QuickBooks 

Bank2Bank
Transfers

Re$ubmitIt ®


If you have questions or want to learn more about our cash management solutions, contact Customer Service at 401.845.2265 or 877.709.2265 outside the Newport County area and one of our representatives will be happy to assist you.  Customer Service is available Monday - Friday from 7:00 AM - 7:00 PM, and Saturday from 8:00 AM – 2:00 PM.


ACH Origination

Simplify your cash flow and forecasting with the electronic disbursement and collection of funds from any bank account within the United States.

  • Process payroll with direct deposit
  • Electronic payment processing
  • Pay taxes

Wire Transfers

Pay or receive funds quickly with real-time domestic wire transfers.

  • Conveniently manage transfers from your office
  • Instantly send funds without the need to visit a branch

Payroll Services

The Paymaster Workforce Management Suite makes it possible for you to accurately manage all aspects of your workforce (time and labor management, human resources, and payroll) through one web-based application.

  • Access your system anytime, anywhere - at home, in the office or on the road
  • Robust reporting engine lets you customize reports and easily export data
  • Automate manual and time-consuming processes to help save time and money

Merchant Services

Increase your bottom line by accepting credit and debit card payments wherever you conduct your business.

  • Accept credit and debit card payments at the counter, on the sales floor, on the road
  • Improve service to your customers and take control of their buying experience

Business Credit & Debit Cards

Purchase all of your business supplies, equipment, client meals, travel accommodations and more without writing checks or carrying cash.

  • Fast and easy access to your money anytime, anywhere
  • New or Replacement debit cards available instantly at any BankNewport branch
  • Business VISA Credit Cards include award winning expense management tools and free cards for employees

Electronic Banking

It’s never been easier to manage your business finances thanks to BankNewport’s online eBanking and eBanking Mobile App.

  • Secure access to your account information and history 24/7
  • Easily transfer money between your BankNewport accounts
  • Initiate payments online with Bill Pay

Business Mobile Remote Deposit Capture

Whether you’re travelling for business or relaxing at home on the weekend, you can easily deposit checks with the camera on your mobile device and the BankNewport eMobile App.

  • Securely deposit checks when it’s most convenient for you
  • Deposit multiple checks (checks must be submitted individually)
  • Receive immediate email or text confirmation of your deposit

Business Account Sweep

Earn more on operating cash balances with an automatic overnight sweep from your checking to another account.

  • Increase interest on available operating cash
  • Efficiently manage funds with scheduled, automated sweep

Quickbooks

Easily download your account information directly from within your Quicken or QuickBooks to manage your finances offline.

  • Reconcile accounts and transactions quickly and efficiently
  • Export your account activity in multiple formats  
  • Compatible with most other financial managing programs and apps

Bank2Bank Transfers

Transfer money between your BankNewport accounts to those accounts you own at other U.S. financial institutions.

  • Securely transfer funds between your accounts at banks, credit unions or brokerage accounts
  • Transfers complete within a few business days

ReSubmitIt®

Our partnership with Re$ubmitIt® Electronic Check Recovery service significantly reduces the burden of collecting funds from NSF checks, while potentially doubling your recovery rate.

  • Collection process handled electronically from beginning to end, via the Automated Clearing House (ACH) network for re-presentment directly to the check writer’s bank account
  • Get 100% of the face value of all checks that are collected electronically

If you have questions or for more information & details, please email Re$ubmitIt at support@resubmitit.com.

Re$ubmitIt® Electronic Check Recovery PO Box 70969 • Louisville, KY 40270-0969 • 866-860-5906 Copyright 2006-2008, Re$ubmitIt, LLC. All rights reserved.