Account Reconciliation
Achieve financial clarity and seamless account alignment with our tailored solutions.
We offer three levels of service to help you reduce administrative costs and enjoy the benefits of accurate and efficient record keeping of checking account activity – all while helping you meet Sarbanes-Oxley requirements.
Provide M&T with an electronic file of checks issued, and we'll reconcile your check payments to your checking account. You'll also receive reports on stop payments, voids, paid and outstanding checks, and items paid without issuance information.
Receive a listing of all checks paid during the statement period. Report information includes check numbers, paid dates and dollar amounts, and total number of paid checks. You'll also receive reports on stop payments, miscellaneous debits and credits, and a recap of posted items.
Simplify the process of tracking deposits from multiple locations to a single checking account. Deposit reconciliation reports organize deposits by location number as encoded on the deposit ticket and are available on a daily, weekly or monthly basis.
Controlled Disbursement Services
Predict cash flow more effectively and maximize working capital.
Improve accuracy, reduce surprises and optimize your cash flow with our controlled disbursement services. Achieve precise control over your daily cash flow, enhancing your ability to allocate funds strategically.
Receive a daily notification of pending transactions and only transfer funds for checks and ACH payments that will clear that business day, allowing you to use your working capital for other business purposes.
The M&T Difference
A comprehensive suite of payable services -backed by reliable, cutting-edge technology help ensure accuracy and efficiency in your payable processes.
Easily import your transaction data into our secure platform.
Enhance the accuracy of your financial records, ensuring compliance with industry standards and regulations.
Help ensure the security of your financial data with M&T Bank's robust security measures, protecting your sensitive information.
No matter what level of service you need, you'll always receive
Integrated Reporting
Access comprehensive reporting tools for a consolidated view of your disbursement data, aiding in financial reconciliation and analysis.
Enhanced Visibility
Access real-time information on daily check and ACH disbursements, providing comprehensive visibility into your cash flow.
Real-Time Monitoring
Monitor your account activity in real-time, allowing for timely identification and resolution of discrepancies.
Optimized Working Capital
Take the uncertainty out of cash flow forecasting by maintaining the highest level of available cash.
Streamlined Operations
Reduce the time and effort spent on manual reconciliation, allowing your financial team to focus on more strategic tasks.
Improved Forecasting
Access real-time reconciled data to make informed financial decisions, contributing to the overall efficiency of your business operations.
Ready to Get Started?
Start a conversation with one of our dedicated team members today to discuss your service needs and learn how you can unlock greater accuracy and efficiency with M&T Bank's personalized solutions. Call 1-800-724-2240 (Monday-Friday 8am-6pm ET) to speak with us or complete the form.
Send high-value, time-sensitive payments to the U.S. and abroad with wire services and reporting options.
FUNDS TRANSFER
Explore our wire transfer services for fast fund movements to help ensure reliability for your business.
Gain control and simplicity with the help of M&T's integrated cloud-based platform whose goal is to manage and execute your business payments quickly and efficiently.
SEAMLESS INTEGRATION
Learn about our integrated payables solutions, offering a consolidated platform for efficient payment processing.
