Account Reconciliation Program (ARP) services are flexible, automated systems that aid you in the reconciliation of checks issued and deposits made to your high volume business checking accounts. Metropolitan National Bank offers three levels of ARP for disbursement and deposit management. Each program allows you to custom fit a plan to your individual needs.
The types of reconcilement include:
- Partial Reconciliation (Paid Check Listing) - This service provides you a listing of all checks paid during the cycle. Normally, this report is provided in check number order, but options such as Paid Date order are available.
- Partial Reconciliation (Deposit Listing) - Similar to the above service, the Deposit Listing report lists deposits made for multiple deposit locations for one account. This report is produced in deposit location order.
- Full Reconcilement - This service provides you with a balanced reconcilement at the end of the cycle. You provide Metropolitan National Bank with a computer file of all checks issued. We match that file against checks that cleared. We then supply you with a listing of paid and unpaid items, making the reconcilement chore much easier.
CD ROM Statement services makes searching for a cleared check easier and quicker than it ever used to be. Each statement period, you will receive a CD that holds a digitized image of the front and back of each current cleared check. Up to 25,000 check images from any number of Metropolitan National Bank's business accounts can be stored and indexed on each CD. You can search by specifying bank account number, serial number range, or dollar amount.
MetroNet services has the most advanced security system available for Internet banking. MetroNet allows you to view and print online images of checks that have cleared your account, as well as view and print previous and current statements. You will be able to determine your company's daily cash position through online inquiries, originate funds transfers between accounts, make loan payments, place stop payments, and reconcile your check accounts. MetroNet offers Direct Deposit, Direct Debit, Cash Concentration, Federal Tax Payments, Wire Transfer, Account Reconciliation and Positive Pay.