Business Sweep Account
A sweep account can be a smart choice if your checking balance typically exceeds your daily operating expenses. At the close of each business day, excess cash above a specified amount is automatically transferred to an interest-bearing account. If your checking account falls beneath a specified minimum, funds are transferred back. Sweep accounts:
- Are an easy way to set up automatic savings
- Allow you build reserves that can be accessed quickly
- Increase your returns on idle cash balances - putting your money to work for you
To determine if a Sweep Account is right for your business, contact a Treasury Management Team Member today.
Your Treasury Management Team:
Treasury Management Services:
Online Cash Management
Cash management is key to business success. Online Cash Management is available anytime, anywhere the internet is accessible to you.
Are you a small business owner who needs a way to accept online payments? How about streamlining your billing? Autobooks can help with both!
Offer your customers an easy and secure way to pay for your products or services.
Remote Deposit Capture
Allows you to process your business check deposits, without leaving your desk.
Protect your business from fraudulent checks.
ACH Debit Block & ACH Debit Filter
Automatically block or filter out unwarranted Automated Clearing House (ACH) transactions and accept only authorized debits/credits based on criteria selected by you in advance.
Outsource your account receivables - the faster your payments are processed, the faster your business gets paid.