Payables Services
Streamline your payment process with fast, secure solutions
Businesses are mostly defined by how much money they bring in. But it's just as important to be able to distribute funds quickly and efficiently. At PCSB Bank in New York, we offer tailored cash management solutions that allow your company to make payments and process payroll with less effort, lower expenses and more precise timing.
Complete Payroll Solutions
We offer customized payroll, human resources and employer solutions that are designed to meet the needs of your company.
- Payroll processing, workers' compensation insurance payments, and other human resource solutions
- Solutions for tracking employee work time and attendance
- Take advantage of online payroll options
- We can calculate payroll tax payments and make quarterly or annual filings
ACH Origination
Electronic transactions are easy to schedule and are a fast, safe way for businesses to move money. Your business can use them for direct deposit of payroll, to settle accounts with vendors and suppliers and for other types of payments.
- Send payments or credits via online entry or by uploading a formatted file
- Funds clear account faster and exactly when you want them to, providing for better control of your cash flow
- Allows your business to include an invoice reference or other addenda information on your ACH payment
- Receive confirmation when an ACH payment goes through
- Eliminate administrative and postage costs associated with check processing
- Keep account information up to date with same-day or next-day reporting
Wire Transfers
Move funds and make payments in a safe, secure and efficient manner. Online initiation of domestic and international (USD and FX) wire transfers are available.
Online Transfers
- Make a transfer without going into a PCSB Bank branch
- Issue drawdown instructions for your authorized debits with same-day, secure processing
- Streamline your wire payments by creating and maintaining templates
- Send international wires in any currency
Wire Transfer by Fax
- Ideal backup solution should your company’s Internet service be interrupted
- Flexible setup allows you to assign more than one user with different functions