Northern Trust's online financial management tool, Treasury Passport, delivers a customizable and comprehensive package of information reporting, image delivery and transaction initiation services in a single service.Enjoy the convenience, security and reliability of online financial management with our leading-edge solution:
You choose only the modules you need:
Information Reporting enables you to access same-day balance and transaction account detail on a real-time basis. Examine the prior-day summary and detail historical information for 92 calendar days. If you work with more than one financial service provider, this application supports multi-bank reporting, meaning that Northern Trust can act as the "data consolidator" for all of your accounts.
Disbursements provides full transaction and inquiry capabilities, including stop payment, online check inquiry, and check register file management. The check register management function supports manual data entry or file upload of your check issue information. The application also provides immediate access to the paid check image archive of up to seven years.
Positive Pay is an enhanced, online reporting product, permitting you to view images of your daily Positive Pay or Positive Pay Plus exception items, review detailed exception information, and submit pay or return decisions.
Lockbox Reporting and Imaging provides same-day deposit, item, batch, and float detail, as well as online access to an extensive archive of checks, remittance documents, and OCR-scanned coupon images. For lockbox reporting, refer back to 92 calendar days of historical lockbox detail.
Lockbox Unbankables lets you view check and document images for transactions that failed to deposit to your lockbox. After reviewing the transaction information and corresponding images, you can submit deposit or return decisions.
Wire Transfer/ACH Outbound is a comprehensive money transfer system offering transaction template maintenance and storage, transaction initiation and approval, reporting and inquiry capabilities. You can create repetitive and non-repetitive transactions as single and multiple-item batches, as well as transactions and batches for same-day and future-dated settlements.
ACH Inbound is an enhanced fraud monitoring tool that identifies and reports unauthorized ACH debits to your account, allowing you to reject unauthorized items before they post to your account.
Northern Trust continues to promote the use of the standardized industry formats to enhance communication. The development and usage of SWIFT (Society for Worldwide Interbank Financial Telecommunication) and its standard message types is a key element of our worldwide activities as a leading provider of treasury management services. Northern Trust continues to be a shareholder and active SWIFT participant.
Developed in partnership with our clients our systems are designed in full conformity with Bank Administration Institution (BAI).
Please note: For use with demand deposit accounts domiciled in the United States.
Scott is a Senior Vice President at Northern Trust Company and is responsible for managing Northern’s Treasury Services Consulting division. The Treasury Consulting Division provides Northern Trust clients with assistance in evaluating their existing cash management structure, support in analyzing and implementing treasury management solutions designed to optimize cash flow and streamline payment and financial operations, as well as advice regarding payment industry trends and best practices.
Scott joined Northern Trust in 2003 and has twenty-five years of banking industry experience, including more than ten years in the treasury management services field. Prior to joining Northern Trust he worked for National City Bank and predecessor organizations of J.P. Morgan Chase in several different capacities, including treasury management sales, procurement card product sales, corporate banking relationship management, asset-based lending, and asset-backed securities underwriting.
Scott has a Bachelor of Arts degree from Coe College in Cedar Rapids, Iowa and an MBA degree from DePaul University in Chicago. He is a member of the Association for Financial Professionals (AFP), and was a member of AFP’s working committee that created the first standard RFP for purchasing cards in 1998. He earned the Certified Cash Manager (CCM) designation in 2000, and currently holds AFP’s Certified Treasury Professional (CTP) designation.
Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with limited liability in the U.S. Products and services provided by subsidiaries of Northern Trust Corporation may vary in different markets and are offered in accordance with local regulation. For more information, read our legal and regulatory information about individual market offices.
This material is directed to professional clients only and is not intended for retail clients. For Asia-Pacific markets, it is directed to institutional investors, expert investors and professional investors only and should not be relied upon by retail investors.