Northwest Savings Bank has introduced Business Mobile Banking, a new service that allows business customers to do their banking whenever they wish from any place that their cellphone or mobile communications device can operate.
"Business Mobile Banking offers our business customers a new way to save time, and time is money," said Joseph Schwind, Assistant Vice President, Electronic Payment / Product Services, of Northwest Savings Bank, who made the announcement. "Our customers can now bank literally from wherever they are, 24/7. It's the ultimate in banking convenience. The world is now their office."
With Business Mobile Banking from Northwest, Mr. Schwind explained, customers may choose to use SMS, Short Message System, or web browser format to conduct their banking. With Business Mobile Banking, he said, customers can view recent transactions, check balances, transfer funds between accounts, pay bills, retrieve short statements, approve or reject transfers, stop payments, ACH transactions and wires, make positive pay decisions and, of course, contact customer service with no limits on the number of monthly transactions or added costs from the bank.
Business Mobile Banking, like online banking at Northwest, is subject to doubled security, requiring both a password and a passmark for use. Business Mobile Banking customers must also be online banking customers.