Disbursement Services

Debit Card | ACH Origination | Account Reconciliation | Positive Pay | Wire Transfers | Payroll Services

radius bank's disbursement services are designed to aid clients in their reconciliation and reporting activities.


Services include: 

Business Debit Card

  • Available with a Business Checking, Money Market or NOW Account
  • Card allows you to make disbursements via:
    1. ATM transfers between Radius Bank deposit accounts
    2. ATM withdrawals
    3. Purchases anywhere MasterCard® is accepted

ACH Origination (Credit)

  • This service is available to Account Analysis Checking clients
  • Premium Business Online Banking is required for use of this service
  • Provides a mechanism to disburse funds electronically, such as direct deposit of payroll, dividend or tax payments
  • Allows your organization to efficiently manage payments online

Account Reconciliation

  • This service is available to Account Analysis Checking clients
  • Premium Business Online Banking is required for use of this service
  • Expedites the check reconciliation process through an automated delivery system
  • Upon receipt of a check issue file from you, we compare checks presented for payment against your file to create reports designed to meet your needs
  • Reports are available via hard copy or can be transmitted electronically

Positive Pay

  • This service is available to Account Analysis Checking clients
  • Premium Business Online Banking is required for use of this service
  • With Positive Pay added to your organization’s Account Reconciliation service, we validate check number and amount against your check issue file
  • Receive notification when checks presented for payment do not match items contained in your electronic check issue file
  • Ability to make "pay" or "return" decisions on these rejected items
  • Helps prevent or mitigate check fraud

Wire Transfers

  • This service is available with all business deposit accounts1
  • A time-effective way to transfer money from your account to another person or institution, wire transfer types include:
    1. One-time
    2. Reoccurring
    3. International
  • Wire transfers may be completed via Business Online Banking, at a Banking Center or via fax2

Payroll Services

  • This service is available with all business checking accounts
  • Business Online Banking is required for use of this service
  • Save time and money with this affordable and personalized service
  • Multiple input and processing options put you in control of your payroll
  • Report your payroll online, over the phone or by fax
  • Optional HR and benefits administration services include section 125 plans, COBRA administration, employee handbooks, workers' compensation services and more


To learn more about our Cash Management Services, contact a relationship manager today.


1 Wire transfers must be received and verified by 4 PM ET for same-day processing. Wire transfers received after 4 PM ET will be processed on the next business day.
2 Agreement must be on file to process a wire transfer via fax.