Colony Bank Business Online Banking User Guide

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Getting Started Business Banking Overview

Whether you’re an enterprise, large corporation or small organization, our flexible Business Banking Platform can help meet your unique business needs. If you rely on specific employees or an accountant to help you manage your finances, the first steps in the Business Banking platform are setting up your users and payees. After setting up these key features, you can jump right into a comprehensive banking experience! Users If your business only needs one person with access to the Business Banking platform, you can set up a single login ID and password. For larger organizations, our system lets you establish multiple login IDs and passwords for authorized employees. You can organize which employees have access to each feature within the Business Banking platform by creating user permissions. A business customer can register once as the business using the Business EIN number. • Master Users: Business control account that creates templates, payees, users, etc. • Sub Users: The user set up by the Master User with specific permissions, limits, and accounts set by the business owner. Colony Bank won’t service users. The business owner must assist because the sub user may not be on the account. Payees Payees are people or businesses to whom you send money using a payment feature offered through the Business Banking platform. After creating a profile for each payee, you can choose the preferred method to send them money and the respective transaction details. Each payee is saved so you can quickly and easily make future payments.

Getting Started: Business Banking Overview