MONEY SOLUTIONS
THAT WORK
Discover the power of the Banno Digital Platform, your all-in-one solution for digital business success.
A Secure Channel for Conversations
Conversations for Business is a new service available within your digital banking experience. It provides a single platform for discussing private information, attaching sensitive files, and approving payments and wire transfers. You can also involve Mountain Valley Bank in a conversation when you need clarification, review, or assistance with a transaction.
How do Conversations for Business work?
Skipping email risk and using this direct communication portal will reduce your worry about fraudulent attacks. It provides a secure, localized channel for communication and collaboration with your team before making large transfers. You can also use it in the context of your finances and other business banking tools. When it’s time to involve Mountain Valley Bank in coordinating money movement, you’ll have the full context of the conversation. Plus, it offers a convenient, secure way to exchange documents with sensitive data between you and your users.
Everything you need in a business account
Banno Business is designed to cater to businesses of all sizes. Depending on your business’s specific needs, you have the ability to customize features with a simple toggle. Learn more about each enhanced feature.
User Management
When you need to grant account access to your employees, there are numerous entitlements and settings available to manage their permissions. You can easily add a new user, input their details, and assign them a role such as “admin” or “viewer.” Subsequently, you can toggle which accounts the user can access, set their overall permissions, and control permissions on an account-by-account basis. This includes everything from the ability to send wires and payments to the ability to manage cards.
ACH Payments
Now, you can easily pay your employees and vendors by scheduling ACH payments directly within your digital banking experience. When you enable this feature, you will gain access to a new section in your main navigation. This section provides a high-level overview of scheduled payments, recurring payments, and payments that have already been sent. You can open a payment to manage the schedule and to view, edit, and add recipients manually or via import.
Wire Transfers
You can easily add and manage your accounts list, see an overview of all scheduled transactions, and create and initiate wire transfers with just a click. You will be able to name your wires to keep everything organized. The experience of using wire transfers is designed to be similar to ACH payments, making both payment types intuitive and easy to use.
Positive Pay
You can automate check fraud detection directly within your banking experience. Simply upload a CSV file, and Banno will compare the amount, date, name, and check number to ensure no issues before processing.