Business Services

Automatic Distributions

Business customers may have interest earned on certificates of deposit automatically  distributed to their checking or savings account(s). 

Automatic Funds Transfer (AFT)

You may set up an automatic payment system at Baybank whereby funds from your business accounts are automatically transferred to another account or applied to your Baybank business or personal loan(s).   There is no service fee for AFT. 

Business/Corporate Credit Card

Baybank offers businesses a convenient, competitively priced, VISA credit card through Elan.  The business card can be used to track expenses as well as access business accounts after bank hours through an Automated Teller Machine (ATM). 

Night Depository

Business account customers may use secure night deposit drop boxes for after hours payments and deposits.  Business customers are encouraged to use Baybank's lock bag procedure for night deposit, which has a $25.00 refundable service fee.   Night depositories are located in the drive through lane at each Baybank location.

Notary Public

Baybank business customers may have documents notarized.  Notary Public services are available to businesses at all three Baybank locations. 

Point Of Sale (POS) Terminals

POS terminals are available to business customers through Baybank on a rental or purchase basis.  These terminals allow merchants to receive payment from their customers on debit or credit cards.  This is a customer convenience that is very popular and the business is assured "good funds" rather than accepting questionable checks. 

Safe Deposit Boxes

Baybank has various sizes of safe deposit boxes to secure your valuables.  

Fax

Baybank is happy to offer business customers a "fax" service in all three locations

Telephone Transfers

You may transfer dollars between your business and/or personal accounts by telephone.   Please have your account numbers available and be prepared to provide other information for positive identification.  There is a $2.00 service fee for telephone transfers. 

VISA and MasterCard Merchant Plans

Baybank offers both major credit cards (VISA and MasterCard) merchant plans to business customers.  Accepting either of these cards from your customers has proven to increase gross sales.  After accepting payment on the card, receiving same day credit is as simple as making a deposit.  Manual and electronic services are available. 

Wire Transfers

Baybank accepts and sends domestic and international wire transfers for businesses.  The service fees for sending a wire are $30.00 for domestic and $100.00 for international. To receive a domestic wire, it's $15.00 and international is $25.00