Cash Concentration

Manage Deposits and Consolidate Funds More Efficiently

Concentrating your company’s cash is one of the most effective steps you can take toward better management and use of your funds. Through the use of the Automated Clearing House (ACH) system, CB&T’s Cash Concentration service provides a fast, cost-effective means of moving funds from accounts with other financial institutions into a single, easily monitored account at California Bank & Trust.

If your company has locations making deposits at local banks, or if you have lockbox banks throughout the state or across the nation, Cash Concentration allows you to maximize your use of available funds.

• Daily transfer amounts are reported to CB&T by your corporate office, company locations, or the local banks in a variety of ways -- by direct transmission, PC ACH Origination, or CalBank Network ACH module, CB&T's Internet cash management service.

• Reported amounts generate ACH transactions for next-business-day availability to your CB&T concentration account.

• Daily concentration activity is reported online through CalBank Network’s Same Day Balance Reporting service.

Advantages of CB&T’s Cash Concentration

More reliable cash flow since deposits move from other institutions directly into your company’s concentration account at California Bank & Trust, and mail float associated with checks is eliminated.

Improved control of local balances, as pre-determined balance levels (including zero balances) at each deposit bank are easily maintained, and pockets of idle funds are eliminated.

Cost effective funds transfers by using next-day ACH transactions versus more expensive same-day wire transfers.

Increased use of funds since consolidated funds are readily available for investment, debt reduction, and other daily disbursement purposes.

Flexible options for informing CB&T of transfer amounts, including direct transmissions, PC ACH originations, or CalBank Network ACH module.

Timely information of daily concentration amounts reported through CalBank Network’s Same Day Balance Reporting feature.