Our Goal is to help each customer
go from where they are to where they want to be.
We start with, "let me understand what you need"
and we'll help you get it done.
Oklahoma Bank offers a powerful menu of cash management services to
meet the cash flow needs of all businesses. Our experienced agents can
custom tailor applications to accommodate your specific cash flow
needs. Our products include:
BUSINESS CHECK CARD
First Oklahoma Bank Business Check Card is a powerful tool that allows
you the convenience to make purchases anytime and anywhere your
business takes you. Your Business Check Card provides your company with
the following benefits:
• FREE usage anywhere in the world (receipt required)
• No fees or charges are assessed
• Purchases are automatically deducted from the business
• More convenient than writing a check
• Safer and easier than carrying cash for purchases
ACH ORIGINATING AND RECEIVING SERVICES
First Oklahoma Bank offers a wide variety of electronic applications to
replace typical paper debits and credits with more efficient processes
• Direct Deposit of Payroll
• Expense Reimbursements
• Commissions Payable
• Inter bank Transfers
• Tax Payments
• Bill Collection
• Cash Concentration
• Vendor Payments
You can enroll to receive your company's statements and check images
electronically. First Oklahoma Banks E-statements allow for more timely
account reconciliation and provide up to 60 days of historical
statement information instantly.
Loan Sweep allows
you to sweep excess collected funds from your checking account to pay
down your line of credit helping you save on interest expense.
For customers who qualify, First Oklahoma Bank retrieves
and analysis data to facilitate a wide range of accounting needs and
provide vital information to effectively control cash flow. If
requested, we can provide:
• Full reconciliation on a daily basis
• Partial reconciliation covering the most recent
• Deposit reconciliation for business with multiple
• Inclearing reporting to allow you to better manage
your excess funds
First Oklahoma Bank insures that your checks will paid according to your positive pay instructions.
Oklahoma Bank provides pick up and delivery services within the Tulsa
Metro area for business transporting payroll and deposits.
Wire transfers allow you to move funds quickly to accounts outside of First Oklahoma Bank either domestic or internationally.
choosing First Oklahoma Bank as your lockbox bank you can accelerate
cash flow, improve the efficiency of your accounts receivables
processing, and provide increased control over credit management.