May 16, 2008

Cash Management Services

Our Cash Management services allow businesses to minimize internal administration and maximize use of excess funds. Here are some of the Cash Management services that we offer:

 

  • Account Reconciliation

  • Automated Investing "Sweep" Account ¹

 

  • Electronic Funds Transfer
    • ACH - Automated Clearing House
    • EDI - Electronic Data Interchange
    • Electronic File Transmission
  • Internet On-Line Banking - i-BusinessBanking™
    • Balance and Transaction Reporting
      • Previous Day information
      • Intra-Day transactions
    • Initiate Stop Payments
    • Perform transfers between accounts within the bank
    • Initiate ACH (Automated Clearing House) transactions
    • Initiate Wire Transfers
  • Lockbox Services
    • Wholesale
    • Retail
  • Merchant Charge Card Program
  • Wire Transfer Services
    • Domestic
    • International
  • International Banking Services
    • Letters of Credit
    • Foreign collections
    • Bankers Acceptances
    • Foreign Exchange

If you are interested in any of these services or have any questions, please contact us or visit one of our commercial bankers.

 

¹ The Sweep Account is a Repurchase Agreement Sweep Account.  The balances that are maintained in the Sweep Account are collateralized by investment instruments in the Bank’s investment portfolio that are comprised of U.S. Treasuries and other Government Agencies that are backed by the full faith and credit of the United States Government.