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 | Certified funds are actually taken from client’s checking account and transferred to a special bank checking account |
| Certified for unlimited amounts on collected funds only |
| Widely accepted, often preferred to a regular check |
| Client’s check is stamped, dated, etc. for certification |
| Cost of $20.00 per check. |
Check Imaging is a service that makes checkbook balancing and cancelled check storage easy and plays an important role in your personal financial management.
MWBank Check Imaging replaces individual cancelled checks and deposit slips with electronically created copies in reduced size. These copies are clearly placed, ten per page, on a standard 8 1/2" x 11" laser-printed document. For quick reference, these images are presented in numerical order with the check number, amount, and posting date appearing under each image.
As an MWBank checking account customer, you will receive your Check Imaging records with your monthly statement. These items are pre-punched and ready for you to insert into your personal check Imaging binder. Because Check Imaging records are optically stored images produced as a standard business practice of the Bank, they have been found admissible as legal evidence. We maintain image copies of your checks so you may get a duplicate copy of any check whenever you need one.
Now you can order your checks online! Simply go to the Deluxe website and follow the simple instructions.
As an alternative to receiving Check Imaging records, you may elect to have your cancelled checks truncated. Copies of individual checks can be requested anytime. You can obtain up to three free copies per month.
Features
| Check is sent by mail directly to paying bank |
| Payments are received by the Bank in the form of a Cashier’s Check |
| Upon receipt of payment, our client is assured of payment and collected funds |
| Cost is $25.00 per collection item + the paying bank’s fee. |
For easier financial recordkeeping, you may choose to have your MWBank checking, saving, CD, and loan information included on one easy-to-read monthly statement.
Features
| One monthly statement provides client with information on their deposit accounts |
| Any combination can be used, but only one checking account can be listed Imaged checks |
| This service is offered free of charge |
For your convenience and protection, MWBank can arrange to transfer your payroll check or your government check directly into the MWBank account of your choice. Since deposits are made electronically, you never need to worry about having a check lost or stolen and you will have prompt access to your money. And, it doesn't cost a cent!
When traveling outside of the USA foreign currency can be obtained prior to leaving or you can obtain an international draft drawn on correspondent banks in many foreign countries. Clients wanting funds transferred to foreign bank can request wire transfer. See Fee Schedule for charges.
For the client who does not have a checking account or who desires to remit payment with collected funds.
Features
| Guards against loss or theft of cash |
| Client retains money order stub as proof of payment |
| Issued in amounts up to $1,000.00 |
| Widely accepted often preferred to a personal check |
| Cost is $2.50 per Money Order for clients and $3.00 for non-client |
| No charge for first Money Order if purchase is made via a withdrawal from a regular savings account. |
It is easy to do practically all your banking from the comfort and convenience of your own home with postage-paid Bank-By-Mail forms and envelopes. A receipt of your deposit will be mailed to you the business day following bank’s receipt of deposit.
An MWBank Safe Deposit Box is a convenient, private and secure way to protect your valuables against theft, damage, and loss for only pennies a day.
| Security through signature and key verification |
| Box sizes to meet your needs |
| An affordable annual fee which may be automatically deducted from your MWBank account. |
Features
| Guards against loss or theft of checks |
| Guards against unwanted or unsatisfactory purchases |
| Cost is $27.00 charged directly for a personal account and $20.00 charged to the business service charge analysis |
| No charge for stop payment if checks are stolen. |
Gives you fast access to your accounts 24 hours a day, 7 days a week just by using your touch tone phone. Click here for more information.
| Verifies balances in checking, savings and money-market accounts |
| Allows for transfer of funds between accounts |
| Verifies deposits and interest earned |
| Provides listing of most recent transactions |
| Allows for inquires by check number |
| Provides a fax of account activity since last statement |
For the client who will be traveling or doesn’t want to carry large amounts of cash.
Features
| American Express Travelers Cheques available |
| Replaceable if lost, stolen or destroyed, usually on the same day |
| Accepted worldwide |
| Easily converted to cash |
| Travelers Cheques available in foreign currency |
| Fee: $1.50 per $100.00 ordered |
For the client who desires to move funds from one bank to another.
Features
| Funds transferred quickly to another bank or financial institution |
| Immediate availability of funds on receiving end |
| No minimum amount required for transfer |
| Transfers done only on collected funds |
| Security maintained with password |
| Fees for wire transfers: Foreign $40.00; Incoming 15.00; Outgoing $20.00 |
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