Disbursement

Baylake Bank’s disbursement services offer you control, efficiency, and flexibility. We will help you streamline your disbursement process and develop the most cost-effective method to issue your payables.

Automated Clearing House (ACH)
Controlled Disbursement (Imaged)
Direct Deposit of Payroll
Disbursement Zero Balance Account
Wire Transfer

Automated Clearing House

Enhance your cash flow forecasting and decision-making information with Automated Clearing House (ACH) transactions.

Saves processing time and staff expense

Ensures timely and accurate processing

Increases control and security

Controlled Disbursement (Imaged)

The Controlled Disbursement Service enhances your organization’s control over its payments, allowing for more productive use of available funds.

Improves cash management decisions

Saves time and money

Increases earnings

Direct Deposit of Payroll

Direct Deposit of Payroll allows you to deposit your employees’ payroll directly into their accounts at their respective financial institutions via ACH.

Saves time and money

Increases control and security

Benefits employees

Disbursement Zero Balance Account

The Disbursement Zero Balance Account allows you to concentrate funds in one master account while benefiting from the convenience of multiple local depository accounts.

Saves time· Increases earnings potential

Enhances audit control

Wire Transfer

Wire Transfers offer secure and flexible options to help you better manage your funds and enhance your processes. You have the security of knowing your funds are available immediately.

Sends and receives funds conveniently

Increases control and security of funds transfers

Testimonials

Daryl Kapalin, President
Benefit Advantage, Inc.
Green Bay, WI

“The faster the process…the happier the customer. We provide the data input and the employee accounts are credited daily. By using ACH, postal and check processing costs are reduced. There is also added security for employers and employees,” Kapalin said.

In addition to utilizing ACH services, Benefit Advantage uses Controlled Disbursement (Imaged) Services. “On line check imaging provides solid identification and proof that a check has been signed and processed. There is proof and added security as to who is endorsing,” Kapalin said.

Member FDIC / Equal Housing Lender