Torrington Savings Bank offers cash management services designed to save your business time and improve its cash flow. When you get your money faster, with less hassle, you can focus on running your business, instead of running to the bank.
Optimize your cash flow by using Torrington Savings Bank's Automated Clearing House (ACH) service for secure timely payments and collections. Send out payroll direct deposits or expense reimbursements to your employees. Pay vendors electronically to ensure on-time payments. Make federal and state tax payments. Use for cash concentration transfers between accounts. Collect payments from customers using preauthorized debits.
With Merchant Remote Deposit Capture you can quickly and securely deposit your checks anytime right from your home or office.
*ACH Origination and Merchant Remote Deposit Capture are subject to approval and require contractual agreements. A monthly service fee will be assessed for each service. Fees may apply for additional services. Requires enrollment in TSB Online Banking for Businesses. Please refer to your Deposit Agreement and Disclosures, Business Fee Schedule and Cash Management Fee Schedule for additional information.