Cash Management
Better tools to run your business.
Streamline your finances with Red Canoe's cash management tools. Pay your employees and vendors with Business ACH, and make your business more efficient with Remote Deposit Capture.
Limited Time Offers
Get your first order of checks free*
Enrollment and monthly fees waived for 3 months
Free merchant services review and quote
Three Months No Monthly Fees
We'll waive monthly fees for the first three months for new enrollments in Business ACH or Remote Deposit Capture.
Limited Time Offers
Get your first order of checks free*
Enrollment and monthly fees waived for 3 months
Free merchant services review and quote
Enrollment Discounts
Sign up today and we'll waive the $100 enrollment fee for Cash Management services.
On-Site Setup
For a limited time, we'll come to you and help get your business set up with cash management tools.
Cash Management Tools
Deposit checks easily using Remote Deposit Capture, and manage payments with Business ACH and Positive Pay.
Cash Management Tools
Remote Deposit Capture (RDC)
RDC is an internet-based solution which allows businesses to scan multiple checks from your desktop to electronically send the images to Red Canoe for deposit.
Business ACH
Business ACH allows you to securely send and receive electronic payments, making it easy to pay employees and vendors or collect payments while being faster, safer, and more efficient than paper checks.
Positive Pay
Positive Pay is a fraud-prevention tool that helps protect your business by matching checks you issue against those presented for payment, stopping unauthorized or altered checks before they clear.
Business Cash Management FAQs
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ACH (Automated Clearing House) is a seamless way to process payments and transfer funds electronically.
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Business ACH is a great way to simplify your accounts payable process, help decrease payment processing times, eliminate the cost and inefficiencies of paper check processing and postage, and more. Set up one-time or recurring payments as often as needed with flexibility to manage when and how you submit your ACH files all form your desktop!
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Pay employees or other consumers via direct deposit. Send funds to pay vendors or other B2B counterparties. Move and consolidate funds from your RCCU business account to other financial institutions as needed, and more. -
See Business Rate and Fee sheet here. -
Manage your business on your own schedule. RDC gives your business the ability to deposit paper checks from the convivence of your place of business or home office. Save yourself the time and hassle of a trip to the branch. No traffic, no waiting in line, and no business hours to worry about! -
Yes! We can set up additional user credentials to allow employees of your choosing to use the RDC platform. -
- Fraud Protection: Check fraud is still one of the most common types of business fraud. Positive Pay helps businesses avoid losses.
- Control: Businesses get to decide whether to pay or return suspicious items.
- Efficiency: Exceptions are presented in Online Banking, with easy decisioning.
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- Check Positive Pay: Matches clearing checks against the issued check files.
- ACH Positive Pay: Matches incoming ACH debits against approval rules set by the business.
Disclosures
Available for Business accounts only. ACH and RDC services are subject to approval and have a monthly service fees.
*Free check offer valid on orders up to $200. Business ACH monthly fees waived for three months. Per-item fee of $0.12 still applies.
