Bankers’ Bank of the West makes available the secure, robust, easy-to-use Bankers Internet Data System (BIDS) for electronic delivery of correspondent banking and communications. BIDS eliminates the need for specialized software, dial-up lines and modems.
BIDS gives community banks timely access to information and facilitates direct access reconciliation of accounts. Additionally, the system enables multiple users within a customer bank to access the system simultaneously. Reports, information, and services accessible through BIDS include:
•FRB check adjustments
•Loan payments and advances
•Interbank account-to-account transfers
•Domestic and international wires
•Vault cash deposits and orders
•Large return item notifications
•Comprehensive, understandable ACH, origination and risk management
•Federal Reserve Electronic Tax Application (FR-ETA)
•Check 21 FT delivery and Check 21 image return module
To learn more, arrange a demonstration or obtain an analysis, contact a cash management officer at 303-291-3700 (800-873-4722) or email@example.com.