LockBox Service

Eliminate costly deposit delays by having your customers' payments delivered to a Post Office box that we administer. We process and deposit them directly into your account.

Cash Concentration

Companies with multiple locations may accumulate idle cash at a number of banks. We'll enable you to electronically transfer those funds into your Washington Trust account, where they can be used for investing or debt reduction.

Automatic Customer Payments

We'll help you collect recurring payments by enabling you to electronically debit your customers' accounts, wherever they bank. You get immediate use of those funds and your client receives a convenient service.

Express Electronic Deposit

Express Electronic Deposit allows you to send deposits electronically from your desktop to Washington Trust Bank. It’s an easy and secure way to automatically deposit checks into your company’s account without leaving your office.

All you need is a computer that meets certain technical requirements, an approved desktop scanner, and a secure Internet connection. When you’re ready to make a deposit, you’ll simply run the checks through the scanner and the Express Electronic Deposit software will "capture" images of your deposited items; a data file will be generated and your deposit will be transmitted to the bank for credit to your account. As long as your deposit is received by 8:00 p.m. PST your deposit will receive same day credit.