Streamline payment processing, reduce costs and improve accuracy.

Municipalities and private businesses alike turn to Farmington Bank for intuitive, easy-to-use accounts payable services. The automation simplifies processes and frees up valuable time. Available in CT and MA.

Manage payables more efficiently

There are multiple ways we can help your company or municipality handle payables. Choose from a variety of convenient services that can save you time and money.

  • Shortens settlement time with direct deposits for payroll, tax payments, vendor/supplier agreements and other disbursements.
  • Reduces risk of check fraud.
  • Easily creates payment schedules for single or recurring payments.
  • Reduces or eliminates late-payment penalties.
  • Saves time and effort by eliminating the need to physically deposit paychecks.
  • Provides a low-cost alternative to wire transfers.
  • Full reconciliation option for paid and outstanding checks.
  • Partial reconciliation option for paid checks only.
  • Reduces risk of check and ACH fraud and the need for manual intervention.
  • Receive online alerts of discrepancies.
  • View check images and make immediate pay/no-pay decisions.
  • Stop payments before money leaves your account.
  • Standard or Payee Positive Pay available.
  • Arrange one-time or recurring transfers from your computer.
  • Send or receive high-dollar transactions.
  • Most secure way to transfer money.
  • Dual-approval option available for increased security.
  • Transfer funds in multiple currencies.
  • Dual-approval option available for increased security.

1 Subject to approval.

Cash management accounts feature...

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