Itís not enough to simply have a checking account any more. Businesses need tools that provide efficiencies, protect against fraud, and transact with other companies using sophisticated payment systems. High Point Bank offers the following tools to help Triad companies do business with those across town, or across the world.
Online Banking & Cash Management
With Online Banking from High Point Bank, you can do all the things you can expectóreview your transactions, transfer funds, and download statements. And with our Cash Management tools, you can pay employees with Direct Deposit, collect payments form customers with Direct Debit, and perform Online Wire Transfers at a reduced cost over traditional Wire Transfers. This fully-featured system is user friendly and available at a lower cost than youíll find at some other banks.
Positive Pay & ACH Filter
You know the trouble that can ensue when you're dealing with fraudulent behaviorónot to mention the potential loss of funds. But you can significantly reduce the incidence of illegal activity against your business checking account with Positive Pay from High Point Bank. Add on our ACH Filter, and you can prevent unauthorized ACH transactions against your account as well.
With this tool, you can electronically debit your accounts at other banks, even those outside of North Carolina, to concentrate your balances at High Point Bank.
Documentary Letter of Credit
Add security to an international transaction by ensuring the importer will be paid as long as the terms set forth in the shipping and collecting documents are met (subject to credit underwriting and approval).
Conduct your international business in the currency of your choosing through foreign currency, foreign drafts, foreign exchange wires, and international check collection.