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OMB BankPay Application Today

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No application fee or commitment

The Application Process

Here is what you can expect when completing a OMB BankPay application,
managed by our service provider, Dama Financial.

Step 1

Register and accept terms and fees.

Step 2

Complete an account application.

Step 3

Information provided is verified.

Step 4

Phone interview and on-site visit.

Our Goal is to Promote Equal Access
to Banking Services for All

Unbanked, cash-based businesses face challenges that pose risks to its employees, customers, and local community. OMB BankPay's banking services and Dama's outstanding customer support meet the wide-ranging needs of modern day, cash-intensive businesses. We strive to grant equal access to banking services for all.

We Help Cash-Based Businesses:

Reduce Cash on Hand

Create a safer environment for their employees and customers by reducing the amount of cash on hand.

Adopt Safe Payment Solutions

Pay vendors, utilities, taxes and employees electronically or by check.

Streamline Invoicing Management

Send and track invoices and accept cash or electronic payments from business partners.

Improve Operational Efficiency

Perform, manage and monitor banking transactions from one centralized, secure platform.

We Learn About Each Prospective Client’s Business

OMB BankPay's comprehensive compliance program follows an extensive due diligence process. The compliance program follows Know Your Customer (KYC) guidelines associated with the Bank Secrecy Act (BSA). We learn about your organization through a phone consultation and verify the information you provide in your Account Application. As a final step, we conduct an on-site visit to each of your locations, helping us understand your business operations and security.

We Provide Banking Services

Once your application has been approved, Dama Financial's relationship management team will guide you through the onboarding process, helping you every step of the way.

We Stay Current on Ever-Changing Regulatory and Compliance Requirements

OMB BankPay practices strict compliance with regulatory and FinCEN guidance and stays up-to-date on state laws and regulations.