TREASURY MANAGEMENT
Business banking solutions to boost your bottom line, increase efficiency, and reduce the risk of fraud.

Business banking solutions to boost your bottom line, increase efficiency, and reduce the risk of fraud.
At First International Bank & Trust, our financial experts focus on you and the success of your business.
Our Treasury Management experts stand ready to serve you - from offering convenient tools to manage your funds to fraud prevention services, we can help provide the confidence to know your accounts are structured correctly to maximize cash flow. We are committed to long-term relationships built on trust that is earned through proven financial guidance.
What is ACH? The Automated Clearing House (ACH) is an electronic funds transfer system run by the National Automated Clearing House Association (Nacha).
ACH services is a safe and secure payment solution that saves your business time and eliminates the need and expense of check writing, mailing, processing, and reconciling.
Uses
Direct Deposit of Payroll to employees
• Employee reimbursements
• Invoice payments
• Funds transfer between financial institutions
• Rent collections
Need more flexibility? Our same-day ACH service allows you to:
• Pay invoices on their due date
• Make last minute payroll changes
Our ACH Services allow you to:
• Be in control of your business payments and collections
• Set up recurring ACH files
• Upload your file directly from your accounting software or enter your payment information into our gateway
• Experience extended file cutoff times
• Reduce payment costs
• Help protect the environment by reducing waste
• Have access to additional security options
Conveniently, quickly, and securely send domestic or international payments with our Online Wire Services.
• Be in control of your business’s payments
• Wire money domestically or internationally without needing to stop by the Bank
• Almost-immediate funds availability
• Schedule transfers after hours for processing the next business day
• Create reusable templates
• Access to additional security options
Remote Deposit Capture uses a desktop scanner to scan checks received from customers. You can deposit checks from your place of business remotely.
• Cost-effective and easy to use
• Better manage receivables by streamlining your check processing
• Deposits can be made at your convenience
• Extended cutoff times to make deposits
• Multiple offices may deposit into the same bank account
• Significant dollar amounts may be deposited
• Software compatibility
• Save time and money by reducing trips to the bank or courier fees
First International Bank & Trust offers Check Positive Pay and ACH Positive Pay as part of our fraud protection services. Positive Pay is a proactive approach to reduce potential fraud and financial loss due to fraud.
Check Positive Pay compares checks presented for payment to your issued check files verifying check numbers, dollar amounts, payees, and issue dates. Positive Pay users are alerted of exception items and have the ability to decision the exceptions to either “pay or return.” This allows you to stop fraudulent items presented to your account.
ACH Positive Pay allows you to create a list of authorized ACH Transactions or a list of unauthorized transactions. Exception notifications are presented to you for ‘pay or return’.
• Routine comparison between checks written and checks presented for payment.
• Pay only authorized transactions
• Automated emails notifying you of exception items
• Online exception management enables YOU to decide if the item will be paid
• Account reconciliation assists with bank statement balancing
Kotapay is at the center of First International Bank & Trust’s Payments Division. Founded in Fargo, ND 30 years ago, Kotapay provides accurate electronic payment services to more than 100,000 companies in all 50 states. As a division of First International Bank & Trust, Kotapay brings even more efficiency and security to better manage your payments. Kotapay’s solutions include high-volume ACH processing, wire drawdown, merchant services and custom payment portals.
Give your customers the convenience of paying their bills online and improve cash flow. Kotapay’s Pay Now Payment Portal is a secure, efficient, and cost-effective way to accept ACH and credit card payments right from your website. Your portal will be customized with your branding to include the logos, colors, and text that are unique to your business.
Kotapay and FIBT partner with Basys Processing to provide you with a complete suite of the latest credit card processing equipment, terminals, and software. With competitive pricing and an average of seven seconds to reach a live person when calling for support, this partnership defines the gold standard in payment processing. Basys prides themselves in their customer service and by being an industry leader in PCI compliance assistance.
No matter your industry or number of locations, you will receive the best solution at the best price. Basys stands out from other processors with competitive rates, a dedicated Relationship Manager assigned to your business, and industry leading PCI compliance assistance. Basys can integrate with most POS systems and often times can work with already purchased terminals - making for a seamless transition from your current credit card processor.
Basys Processing solutions include:
• POS Solutions - Connected and Wireless
• Stand-alone Terminals
• Mobile Payments
• Virtual Terminal
• Software Integration
Save with Basys
Basys IQ is the most sophisticated web-based credit card processing system in the industry complete with a built-in Intuitive Qualification System (IQS). This innovative, easy-to-use system will reduce costs for your business and the correct date is automatically included in each card transaction processed.
This all-in-one device provides built-in capabilities to accept payments, conduct business, and track sales, all from the palm of your hand. Making fundraising easier than ever, with the option to process payments by swipe, tap or utilize contactless payments (Apple Pay, Android Pay, etc) with the added bonus of texting or printing receipts for your customers as well.
Pair the Go app (works with all major operating systems, no matter what phone/tablet you have) with the credit card reader for your phone/tablet and accept swipe, chip, or contactless payments that have lower fees. This device offers digital receipts you can email or text to your customers.
Controlling your cash flow is a vital part of your business. We offer three different business Card Programs. Our specialists look forward to learning about your needs and will be happy to recommend a solution.
By moving to card-based payments, you can:
• Eliminate multiple payment methods and set up your EVOLVE Business Card Program as your one-stop shop
• Reduce the cost of cutting checks to pay suppliers
• Earn points or a cash rebate depending on the Card Program you choose and qualify for
The EVOLVE Card Programs provide the comfort and ease of having one sole card program to manage. Rather than paying piles of invoices each month and worrying about when the debits will hit your account, you’ll have the convenience of putting your money to work until your monthly bill is due. The control is in your hands by allowing you to:
• Manage your credit card program through eZBusiness, a user-friendly and sophisticated online platform
• Distribute individual cards to your employees with distinct credit limits while also having an office card for corporate expenses
• Assign expense reviewers at the cost center or cardholder level (with Business+ and Commercial Programs)
We provide an easy-to-use online resource to support, manage and oversee your card program. We would be happy to provide a demonstration of the experience. As part of our onboarding process, we will assure set up is complete and your main users are knowledgeable to take care of any needs. And don’t worry, your dedicated service specialist is just a phone call away should you have questions.
• View activity on all cards associated with the business
• View and download statements
• Manage spending limits
• Online payments
• Request new cards
• Close existing cards
• Set up alerts
• Allocate merchant restrictions
• Set up additional admins
Payment processing through Lockbox services allows you to accelerate your accounts receivable processing and information delivery. Lockbox efficiently collects, processes, and deposits check payments to the accounts you designate. In addition, payment processing can be customized to meet corporate directives.
• Faster collections process - internal efficiency
• Accelerated cash flows - timely payment posting
• Flexible, customized service
• Reduced mail float
• Timely reporting
• Variety of delivery options
• Reduced risks
• Web-based application that provides sameday access to check and document images, Lockbox reporting, and account activity
• Images are retained in the standard image archive for 180 days and can be stored in long-term archive for up to seven years for an additional fee
• Exception handling, online decisioning allows you to improve efficiency of your accounts receivable processing by allowing immediate decisions on exception items
Skip a trip to the branch and conduct your business anytime, from practically anywhere. Our online banking platform provides you with the service you expect so you can get more out of life. Keep a watchful eye on your balances, transfer money between accounts, view past transactions from your home computer, or mobile device.
• Transfer funds between FIBT accounts
• Make loan payments
• View your statements
• Export transactions
• Pay bills online
• Deposit checks, order new checks, stop payments on a check or all from the same screen
• Set-up text, push or email alerts to notify you when a deposit or withdrawal has been made to your account, a specific check has cleared, or when a loan payment is due
• Access analytics that track your balance history and spending
Online Business Bill Pay is a simple way to quickly and conveniently pay any person or company. Online Business Bill Pay is efficient, easy, secure, and best of all; there’s no charge.
• Authorization levels are administered by owner
• Dual control features are available
• Allows for automatic or repeat payments to be scheduled
• eBills may be paid and received online
• Payments may be electronically linked with invoices and discounts
• Payment information may be exported into your accounting software