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The Intrust Win Banking application offers a
total solution for secure, efficient
electronic banking.
From ACH transactions to direct deposit of
payroll checks, Intrust Win Banking provides
a number of features that combine to offer
you a secure electronic banking
environment.
The Direct Deposit feature makes payday
easier for everyone. Your employees can
choose to have their paychecks deposited
directly to their bank account, or may elect
to receive a portion as a live check. They
can also split deposit amounts between six
different bank accounts in up to six
different banks.
Automatic Clearing House (ACH) delivery of
payments made to your vendors or received
from your customers gives you the ability to
transmit electronic payments to your bank
using a standard, secure system that is both
highly reliable and efficient. Intrust Win
Banking also enables the payment of invoices
by credit card.
Magnetic Ink Character Recognition (MICR)
support allows you to print machine-readable
information on the bottom of your checks for
quick processing. You’ll be able to securely
generate checks while saving money by using
blank check stock on a laser printer.
A fraud control and loss prevention measure,
Positive Pay allows you to build a file
(formatted to your bank’s specifications)
that can be transmitted to your bank for the
authorization of check payments.
The Reconciliation Import in
Intrust Win
Banking enables you to use files downloaded
from your bank to automatically clear
transactions that have been processed by the
bank, a great time-saver.
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Direct Deposit Functionality in
Intrust Win
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Vouchers replace a “live” check,
ensuring that a pay check cannot be lost
or stolen
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Deposits may be created by dollar
amounts or percentages, and the
information can be changed at any time
once a test run or “prenote” has been
approved by the bank
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Process multiple checks per employee in
one Direct Deposit run
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Print checks and then print Direct
Deposit vouchers for the checks being
deposited
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The Edit Register shows how much of the
net pay for each employee is on a check
and how much is deposited
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Choose whether or not to use Direct
Deposit when processing checks; if an
employee is going on vacation and needs
a check early, a normal paycheck can be
prepared
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Multiple batch processing allows you to
post multiple payrolls within a single
day; a file will be created for each
payroll batch
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The Check Register can be run and filed
after checks are printed for a final
audit trail
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Use the Direct
Deposit File Creation Report to give you
a breakdown of each mployee’s
account
Note:
Direct Deposit requires Intrust Win
Payroll. You will need a modem and
communications software to transmit the
Direct Deposit file to the bank.
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The Direct Deposit File Creation Form is
used to create the ACH file,
which contains all the deposit information
that is sent to the bank.
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