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Faster Ways to
Pay and Get Paid

Torrington Savings Bank offers ACH and Wire Transfers to help make receiving and sending payments faster and easier.

ACH Origination

Optimize your cash flow by using Torrington Savings Bank’s Automated Clearing House (ACH) service for secure timely payments and collections.

With ACH, you can:

  • Send out payroll direct deposits or expense reimbursements to your employees
  • Pay vendors electronically to ensure on-time payments
  • Make federal and state tax payments
  • Use for cash concentration transfers between accounts
  • Collect payments from customers using pre-authorized debits

Online Wire Transfers

Your time is valuable. Online wire transfers provide your business a fast and secure way to transfer funds to individuals, customers, and vendors.

With Online Wire Transfers, you can:

  • Securely initiate wire transfers in U.S. dollars domestically or internationally to individuals, businesses, and vendors
  • Send recurring wire transfers to the same recipient
  • Ability to create reusable wire templates
  • Wire transfer service is integrated with online banking

Benefits of Both

  • Reduce the amount of checks you write and automate processes
  • Improve expense control and cash flow management
  • Safe and secure way to transfer funds
  • Reduce administrative and other operating costs

Find out if this service is right for your business

Contact a Business Banker

Details:

Some Cash Management products may be subject to additional terms and conditions or fees. Contact a Business Banker to learn more about these services.

Related Services

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Payroll Processing

An easier way to pay employees - let us help with your payroll processing.

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Contact a Lender

Connect with our local lenders who can help to answer questions you might have regarding home financing options, and your unique homebuying situation.

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Business Desktop Deposit

With Business Desktop Deposit, you can quickly and securely deposit your checks anytime right from your desk.

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Business Mobile Deposit

With Business Mobile Deposit you can quickly and securely deposit your checks anytime right from your smartphone.

Learn More

Featured Products

Business Loans

Revolving Line of Credit

A flexible way to borrow money for your business, this option works like a credit card, but it can be used for a wider range of expenses and often is available with better rates and higher limits.

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Looking to build your business - literally?

Our team of Commercial Loan Officers are experienced and here to help you break ground.

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Alternative Financing Programs

Learn more about federal and state government financing programs that can help your business start or grow.

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