Payment & Disbursements

For more information on
Treasury Management Services,
please contact:

Louisville / Southern Indiana
(502) 625-9977

Indianapolis
(317) 238-2898

Cincinnati
(513) 824-6198

Email us at:
TreasuryManagementSales@syb.com

Our Call Center can be reached at:
(502) 582-2571 or (800) 625-9066

Positive Pay

Verify and return fraudulent checks before they post to your account with Positive Pay. Positive Pay automates the daily monitoring of exception checks. A check issued file is submitted through Online Banking. The issued checks are then compared to checks that have been presented for payment. The next morning exceptions are reported and real-time pay or return decisions are made online.  You can:

  • Prevent fraud more effectively
  • Monitor and detect unusual check activity
  • Save money and time working fraudulent items
  • Control payment decisions

Funds Transfer

Effectively manage cash through Online Banking using Funds Transfers.  Funds Transfers can be used to move money internally between company accounts, to make loan payments, and to initiate domestic and international wire transfers.  You can:

  • Transfer funds immediately between accounts
  • Make timely, secure payments
  • Electronically initiate wire payments from your desktop

EDI (Electronic Data Interchange)

Moving information electronically can substantially reduce your costs and eliminate some of the errors that can accompany paper-based processing.  An EDI system can reduce the cost of processing payments, improve security, help you track funds for more efficient cash forecasting and lead to improved relationships with your trading partners.  Choosing Stock Yards Bank & Trust to help you implement a conversion to Electronic Data Interchange (EDI) is an easy way to accelerate disbursements and manage your cash flow more effectively.

ACH (Automated Clearing House) Disbursement Services

Use the Stock Yards Bank & Trust Automated Clearing House Service (ACH) to pay your suppliers, vendors, government taxes and employees.  We have flexible options for originating Automated Clearing House (ACH) and have knowledgeable customer service representatives to help you with the implementation and ongoing support of your program.  Whether your company needs to leverage its capabilities or is utilizing a third-party processor, you can reap benefits by integrating an ACH account into your disbursement strategy.  You can:

  • Predict settlement and cash flow
  • Reduce lost check and fraud expense
  • Increase payee satisfaction with prompt payment

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