Payment Solutions

Reliable, Secure Payments to Keep Your Business Moving Forward

Explore our business payment options, including Automated Clearing House, Wire Transfer, International Payments and Digital Wallet. To find more information or get started with a payment solutions today, give us a call at (608) 310-1240, or send us an email at treasurymanagement@lakeridge.bank

Automated Clearing House (ACH)

It’s natural to worry about your finances, but worrying about each transaction your company makes should be less of a concern. With ACH, you can send single or multiple payments with low cost and no hassle. By utilizing ACH for collections, you can eliminate the need to process checks in-office. And all ACH transactions are handled through our Online Banking platform — giving you access to your information anytime you need it. 

Features and Benefits:

  • Access Online Banking 24 hours a day 
  • Originate payments or collections
  • NACHA formatted file uploads
  • Template based transactions
  • Business to Business and Business to Personal transactions
  • Payroll direct deposit

Wire Transfer

They say slow and steady wins the race, but sometimes fast and efficient works even better. A wire transfer is the quickest way to address payables and receivables. With the added benefits of finality, you can be sure when you receive the funds they are reliable and available instantly. Easily set up wires through our eCorp platform or call into our wire room directly. 

Features and Benefits:

  • Access Online Banking 24 hours a day
  • Immediate availability of funds
  • Repetitive wire templates can be set up for added convenience
  • Finality of payment or receivables
  • Fastest and more reliable way to move funds
  • Additional security, including token and pin authorization and call backs

International Payments

Integrated into our Online Banking feature is a simple and secure way to wire payments in foreign currencies. No need to log onto another platform or use an outside vendor. We have the ability and knowledge to help with all of your international payments and it is as simple and secure as sending a domestic payment. If you would rather call in and do the wire over the phone, that option is also available. Borders shouldn’t limit your business, feel free to grow without boundaries. 

Features and Benefits:

  • Quickly send funds to your international vendors
  • Make payments securely and easily
  • Wire funds directly from the Online Banking page
  • Call into Wire Operations at (608) 798-5265 and wire funds personally

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