Tuesday, September 28, 2021

5 Ways Business Mobile Banking Gives You Flexibility AND Security!

Business doesn’t stop because you are away from the office, and some of those financial decisions can’t just wait until you get back.  No matter what time of the day or night, as a business owner, First Bank of the Lake understands you need access to your banking.  We also know that running a business means you probably wear a lot of hats and need to work efficiently in order to accomplish everything that needs to be done in a day.  

That is why Business Mobile Banking was created.  You work on the go and it only makes sense that your business bank account at the Lake of the Ozarks would too.  What if you never had to drive to the bank to deposit a check?  How convenient would it be to always know the balance of your account without having to log into it?  That is the power and convenience of Business Mobile Banking.  If you are interested in learning more about how Business Mobile Banking puts the power of financial management and supervision right into your hands … keep reading today’s blog!

1) Mobile Deposit

We make it as easy as taking a picture of your check with your phone or tablet and securely submitting your deposit to be processed.  Imagine having your bank at your fingertips 24/7 … anytime, anywhere … for no added charge.  The payment you receive from your client can literally be in your bank account by the time you get back to your truck.

2) Payments and Transfers

Business Mobile Banking also allows convenient online Bill Pay and Transfers options.  It is not only hassle-free but completely flexible.  You can schedule a one-time payment to a person or a company, or you can set up recurring payments, so you don’t have to manually enter the data each time.  Even one less thing that you have to do or think about can help. You also have the convenience of transferring money between accounts to manage who has access to what.

3) Balances and Transactions

Of course, as a business owner, you always want to be aware of how much is in your account(s) and exactly what activity is occurring in real-time.  With Business Mobile Banking you can have a look at all your accounts, their balances, the transaction history, as well as recent and pending transactions.  Do you regularly need to know your balance instantly at a glance?  You have the option of enabling Instant Balance to preview your balance securely without logging in.

4) Approvals

Approvals are a powerful feature of the Mobile Business Banking App to help protect your business from fraud.  With Approvals, you are able to require your approval for payments and ACH transactions as they come in, from wherever you are whenever it is convenient.  This means you will always be able to supervise the transfers of large amounts of money and notice any suspicious requests or activity.  This can help you stop fraud before it happens, and you can even get push alerts on your phone to let you know when you have a transaction waiting on your approval.  Now that is total control coupled with convenience!

5) Secure Login



All of these handy features are accessed through the app which is available in Google Play or the Apple App Store.  The mobile login for the app uses the same multi-layer security that is used when you log in from your desktop.  We will make sure the credentials and devices you are logging in with match and are correct.  For an added layer you can also use Touch ID and Fingerprint Authentication to log in.

With all you have to take care of, First Bank of the Lake wants to make it as easy for you as possible with Business Mobile Banking. If you are ready for the convenience, control, and security of business banking at your fingertips, contact us today!  We are happy to answer any of your questions and help you get set up with ease.  Be sure to follow us on our social media channels listed below for more news and tips about banking at the Lake of the Ozarks.



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Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway

Suite 100
Osage Beach, MO 65065

(573) 348-2265


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