Payables & Receivables
Simplify and streamline your cash flow with our customizable payables & receivables cash management solutions. We’ll help give you the freedom to move your money where you need it, no matter what. Our solutions help your customers to pay you automatically and enables you to pay vendors and federal taxes.
Payables & Receivables
Streamline your business operations with Midwest Bank’s payables solutions. We can help you find faster and better solutions for making recurring and other payments. From direct deposits to purchasing cards, we have options to save you time and money.
Upgrade your current receivables system or get started with a new one and utilize tools that offer your business security and flexibility. Save time and money by electronically collecting payments from your customers through ACH deposits. Our team can also set you with Midwest Express Deposit, the quickest way to turn your deposits into cash.
ACH Payments
Save time and money by disbursing electronic payments. Experience fast and secure deposits to employees and vendors, lower processing costs, increased flexibility, reduction in exposure to check fraud, and cash concentration services to leverage excess balances.
Wire Transfers
Conveniently and securely send money domestically and internationally. Use our Midwest Bank Online Portal or visit one of our branches to initiate same-day or future wires.
Business BillPay
Simplify your accounts payable by paying everything online from the same place, manage recurring payments, and transfer funds while maintaining internal controls. Set access for other individuals in your business, review payment history, schedule reminders, and more.
Midwest Express Deposit
Easily use this online check scanning software service from your home or office to process transactions quickly, efficiently, and safely. Our services will help you to reduce errors, save digital images so you can destroy paper copies, and reduce financial risk by having funds available through quick check deposits.
ACH Deposits
Improve and simplify cash flow management with a solution that is faster and more convenient than a check.
Cash Management Services provide you with
Instant Alerts
Instant notifications and alerts from your computer or mobile device
Automatic Scheduling
Automatic scheduling and business day cut-off times to manage your funds.
Enhanced Protection
Protection from unauthorized account access with dual control authorization.
Why work with Midwest Bank?
Get to know usCommunity-focused
Our branches are focused on supporting the communities we serve. You’ll see our staff at school activities or volunteering in the community because we believe the better our communities are, the better we are as a bank.
Local decisions
When you come into any of our branches, it’s very likely you’re going to sit down with the decision makers, the ones that are going to help you open an account or get a loan. Our leaders are proud to live in and be a part of our communities.
Family-owned
We have strong family values because our bank was built on the traditions and philosophies of the Cooper family. Building relationships and giving back to our communities is something the Cooper family instilled in the Midwest Bank culture from the very beginning.
Everything you need, right here
We are a local community bank, but we have all of the latest technology and banking services that the big banks can offer. The difference is the customer service and personalized relationship you’re going to get when you bank with us.
Get in Touch
Call your local branch or contact us online.
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Business Banking
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