Payables Management
Process payments and simplify operations with automation and visibility over your outgoing cash. Treasury management suite of solutions can help you streamline your payment processes and manage your relationship with suppliers and vendors.
Wire Transfer Services
Domestic Wire Transfers
Transfer money domestically, both quickly and securely with TSB wire transfer capabilities with both parties (initiator and recipient) located within the United States and all transactions conducted in US dollars. Use our tools to initiate wires at any time. Keep your money in your account right up to the time a payment is due. Additionally, reduce risk by using dual control. Our tools also support Draw Down or Reverse Wire Transfers where the wire is initiated by the recipient and approved by the sender either in advance by some sort of agreement or at the time of transaction creating a “request for payment” utilizing the Fed wire network.
International Wire Transfers
Transfer money internationally, both quickly and securely with TSB international wire transfer services. TSB supports wires done in US dollars or the currency of the receiving country (FX wires). Texas Security Bank has partnered with PayRecs®, a global payments processor to automate, streamline and simplify many of our international payments. PayRecs® allows users to send and receive international payments as well as hold foreign currency accounts. With PayRecs® you can spend less time managing international payments and more time focusing on building relationships with your vendors and growing your business.
Learn More about PayRecs®
ACH Origination Services
Our ACH Origination tools allow you to create electronic payments. ACH originations can help save your business or non-profit time and money. ACH transfers are more cost-efficient and user-friendly than writing checks or paying with a credit or debit card. Our tools offer online account reporting with quick and secure transactions that automate payment processes. Utilizing ACH payments will eliminate lost, stolen or forged checks. You can use ACH origination for payroll, vendor payments, collections and more. Texas Security Bank can also work with your Accounting or ERP software vendor to set up secure file transfer to send or receive files.
Zelle®
Zelle® is a fast, safe and easy way to send money directly between almost any bank accounts in the U.S., typically within minutes. With just an email address or U.S. mobile phone number, you can send money to people you trust, regardless of where they bank. From your kid’s babysitter to your college bestie, if your recipient is already enrolled with Zelle , the money will go directly into their bank account, typically in minutes. If they aren’t enrolled yet, they will get a notification explaining how to receive the money simply and quickly. Zelle® can be used to send money to almost anyone you know and trust with a bank account in the U.S.
Learn More about Zelle®
Commercial Card Services
Managing your cash flow and your bottom line is critical for business owners. With corporate credit and purchasing cards, you can streamline the financial management of your company’s spending. What’s more, our reporting modules allow you to design a management program that fits your business precisely.
Additionally, Texas Security Bank provides Visa Payables Automation, a simple efficient way to pay suppliers. This program allows for the transmission of an automated Visa card payment upon the approval of an invoice. The supplier is alerted via email of the transaction details and amount(s) to charge using their current card settlement process. Suppliers can improve their cash flow while streamlining their receivables process, and eliminating delays of processing time-consuming paper checks.
On-line Bill Payment
Use our Bill Payment solution to control who you pay, when and how much. You can set up one-time or schedule recurring payments while quickly adding and editing payee information. You can view your payment history and gain peace of mind knowing your payment is secure. Save money—no need for stamps or checks. Pay your bills with just a few clicks and access account activity to see when bills are paid. Depending on the payee, bill payments are sent electronically or by paper check. Payment will be received in 1-2 business days electronically or approximately 5 days for USPS. Funds are withdrawn on the date the payment is sent or when the check is cashed.