Middlesex Savings Bank Business Online Banking User Guide

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BUSINESS ONLINE BANKING USER GUIDE

Transfers & Payments

Loan Payments

In the Transfers & Payments tab, click on Loan Payments . 1. Using the From and To drop-downs, select the account the funds will be taken from and the account you wish to post the payment.

2. Select your Payment Type .

3. Enter the Amount of the payment.

4. (Optional) With your online banking, you can conveniently make recurring Principal payments. Check the box next to “ Make Loan Recurring” to make the payment recur. 5. Using the “ How often should this transaction repeat? “drop-down, select the frequency of the payment. 6. Select the Date the payment will process. If this is a recurring payment select the start and end date.

7. (Optional) Enter a Memo .

8. Click the Submit button.