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.
First 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
The 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 which include:
• 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.
First 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.
By 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.