Magnolia State Bank is dedicated to providing banking solutions that maximize efficiency for business customers. Benefits such as remote deposit and online banking help keep business customers running smoothly and productively, so that they may focus on their core operations with immediate accesses to budget numbers and funds.
Remote Deposit
Magnolia State Bank Remote Deposit allows customers to image capture check payments at their business location and electronically deliver the images and MICR information for secure deposit into their accounts. Check Capture provides the power to:
- Consolidate accounts
- Reduce posting errors
- Eliminate trips to the bank
- Reduce fraud
- Speed up access to funds
- Reduce time to research checks and deposits
- Make deposits at your convenience
- Reduce document loss
To enroll in Magnolia State Bank’s Remote Deposit, call 1-855-BANKMAG.
Online Banking Services
Online banking consolidates payroll and payment into one easy-to-use system. Online Banking for merchant services include:
- Account transfers for cash management services
- Direct deposit for employee payroll
- Direct electronic payments instead of invoicing for monthly billings
- EFTPS-Electronic Federal Tax Payment system for easier tax filing
- Wire transfers sent directly from your office