Treasury Management Services
Tools to put you in control of your company’s working capital.
Banc of California gives businesses of all sizes a host of treasury management solutions to help expedite deposits, receive and manage payments and automate many financial tasks. By simplifying your business’ financial perspective, you can free up resources to focus on making money–rather than spending it.
- Access your information with useful and powerful tools
- Collect your funds faster
- Pay your funds more efficiently
- Provide accurate reporting
Improve daily cash flow and forecasting by having your funds available until the moment they are needed for payments. With electronic Automated Clearing House (ACH) payment processing, you save the time and expense of writing, processing, mailing, and reconciling checks while reducing potential fraud by eliminating check theft. It’s ideal for repeat payables such as payroll, taxes, vendor payments, reimbursements, dividends, and pensions. ACH can also be used for one-time payments as well.
Business Cash Sweep Funds Management
Turn your excess end-of-day balances into investment income. You can maximize excess balances and earn interest when we “sweep” your available funds into our short-term investment accounts. You’ll always know where your account stands with daily reporting.
Courier and Cash Vault Services
Have the security of bonded couriers transport your cash and/or checks to the bank directly.
We’ll analyze your cash needs and recommend a comprehensive currency strategy. Our courier and cash handling services
Reduce the cost and burden of file retrieval. Our fully integrated archive services solutions will allow you to access images of paychecks and deposits, returned deposited items, and transit items through two options:
- Encrypted CD-ROMs containing image information
- Using our Business Online Banking service
Our image-based technology can improve the day-to-day efficiencies of your operation and allow you to use the benefits of image services without significant a capital investment.
Lock Box Services
Let us handle receiving and processing all of your check payments. With our Lock Box Services, you will receive credit faster, reduce the risk of fraud, and decrease your payment processing costs. Same-day reporting allows you to view activity through our Business Online Banking. Your payment data can even be integrated with your accounts receivable system. More about Lockbox Services:
- Well suited for receivables management of businesses and income property owners who receive a substantial number of payments
- Simplifies your collection process and results in funds being available faster
- Decreases the potential for theft, fraud, or error
- Several daily pickups ensure your checks and remittances are processed quickly
- Multiple Lockbox Service options available, including Property Management/Home
- Specialized Lockbox Service options available, including Property Management/Home Owners Association (HOA), Wholesale and Healthcare
- Detailed reporting included
Merchant Card Services
If your business receives payments from credit or debit cards – or if you would like to begin accepting them, we can make the process easy and beneficial for you. Combining state-of-the-art technologies and cutting-edge solutions, we can help shorten the distance between you and your money. Give your customer a safe, convenient way to pay while giving your business quick access to your funds.
We can provide you with sophisticated solutions that help protect your company against check fraud and ensure that you have the tools you need to mitigate risks. Positive Pay reduces fraud by having all checks presented compared against issue information to identify discrepancies and ensure that only the checks you issue are paid. All suspect items are reported to you promptly through email alerts, with details easily accessible through Business Online Banking.
Remote Deposit Service*
Bring the bank to you. Deposit all of your customer checks from your own desk. Save precious time by making check deposits when it’s convenient for you – at any time you choose – 24 hours a day. Remote Deposit Service allows you to focus on more important things – like running your business. We can get you set up in no time.
Zero Balance Accounts
Our specialized Zero Balance Account service can help you efficiently consolidate funds from multiple sub-accounts into a single master account. Every night, excess balances in your sub-accounts are automatically transferred to your master account. This allows you to:
- Easily and automatically move funds among multiple accounts
- Facilitate in expediting account reconciliation
- Make use of idle balances
- Maximize your earnings credit to offset transaction fees
For more information about our Treasury Management Service options, please see a branch representative or call 877-770-BANC (2262)
*Requires preapproval. **Requires credit approval