|
Commercial customers can choose from two types of business checking accounts. They also can add overdraft protection.
Ideal for small businesses with limited monthly transactions. This account is a great value for a low, fixed monthly fee.
Ideal for large businesses with a high volume of bank activity. This account provides an earnings credit allowance that offsets monthly service charges.
You can authorize automatic transfers from your business savings account to your business checking account to cover overdrafts. You can also use Business SafetyNet to cover your overdrafts.
For additional protection, Haverhill Bank offers the Overdraft Privilege* service. While this service cannot guarantee protection in all situations (see Service Description Policy), Haverhill Bank will consider, without obligation on its part, paying overdrafts up to $800 on eligible personal accounts and up to $1,000 on eligible business/commercial accounts. No action is required from you. The service is automatically available for eligible accounts. The bank’s normal insufficient funds/overdraft charges apply for each overdraft paid, but you pay no bank charges unless you use the service.
*$20 overdraft or insufficient fee applies to overdrafts created by check, an in person withdrawal, an ATM withdrawal or other electronic means. You must bring your balance positive immediately or as soon as possible and at least every 30 days. The bank cannot promise to pay every overdraft and is never obligated to pay your overdraft. The bank typically does not pay overdrafts if your account is not in good standing, for example, you are not making regular deposits.
Choose from a variety of styles including Three-on-a-page, Computer Checks and the One-Write System.
No matter which checking account option you choose, reduced images of your cancelled checks will be included with your monthly statement. The images make it easy for you to reconcile your accounts while reducing the amount of paper you have to monitor each month. You can keep the images and statements in a free three-ring binder, available for the asking when you open your account.
In addition, images of your cancelled checks appear on your online statement as soon as they are processed. You can easily view the front and back of each check by clicking on its image when you access your online account. No more waiting for your monthly statement to see your cancelled checks.
|
