Treasury Services
South Shore Bank’s Treasury Management services offer a suite of online tools designed to help businesses optimize their cash flow, increase operational efficiency, and mitigate fraud risk. These integrated solutions provide real-time visibility into your finances, allowing you to make informed, strategic decisions about your company's future.
Collections
Expedite the collection of incoming funds with services like Remote Deposit Capture (deposit checks electronically from your office), lockbox services, merchant card processing, and electronic payment acceptance (ACH Collections).
Disbursements
Streamline outgoing payments and control disbursements through options such as ACH Payments (for direct deposit payroll or vendor payments), wire transfers, and online bill pay.
Cash Flow
Maximize returns on idle cash with automated tools like sweep accounts, which automatically move excess funds into a higher-interest investment vehicle or from a line of credit at the end of each business day.
Fraud Prevention and Protection
Protect your business from unauthorized transactions using robust security features and services such as multi-factor authentication, secure access controls, real-time alerts, and Positive Pay systems.
Information Services
South Shore Bank’s Information Services give businesses real-time visibility into accounts, transactions, statements, and alerts through easy-to-use online reporting tools.
Escrow Services
Our ZEscrow platform simplifies the management of escrow accounts and sub-accounting process so your business can easily open, close, maintain and operate escrow accounts. ZEscrow allows your business to handle funding, release of funds, authentication, statementing, interest calculations (including the ability to split interest) and document retention. Contact us to learn more.