Payables & Receivables
Effortless payment management: simplify and streamline your cash flow with our comprehensive payables & receivables cash management solutions.
Payables
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 the options for you and your business. And we’ll help you every step of the way.
ACH
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.
Receivables
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 Deposits
Improve and simplify cash flow management with a solution that is faster and more convenient than a check.
Midwest Express Deposit
Save time and money, get funds available sooner, and capitalize on improved security! With this solution, you can reduce fraud, eliminate manual deposit prep time, and easily scan and deposit checks online.
We’re Here for You
Get in touch with a treasury management expert near you and we’ll help you find the right solutions for you and your business.
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.
Related Resources
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Merchant Services
Boost sales and simplify transactions with our Merchant Services, offering secure payment processing for your business. Retail, phone, internet, and e-commerce solutions available.
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Business Banking
We understand your business keeps you busy. We aim to make business banking and managing your money easier for you so you can stay focused on what really matters – running your business.
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