Cash Concentration

Minimize excess balances with one concentrated cash pool

Features

  • Designed specifically for companies with multiple deposit locations and multiple banking relationships
  • Company accumulates its cash resources into one combined, concentrated cash pool
  • Excess balances are minimized throughout the company's banking relationships
  • Pooling funds increases investment potential, decreases bank services charges and can reduce the need to borrow

Key benefits

  • Convenient processes
    • Can be initiated from a central location or from multiple remote locations
    • Provides an organized method of controlling deposits made by multiple locations
  • Easy-to-access funds
    • Transactions initiated by 4 pm are transferred for next-day availability
    • Funds from local depository banks are concentrated at BB&T
  • Reduced costs
    • Eliminates the expense of wire transfers
    • Increases investment potential and reduces borrowing needs

Ready to get started?

By email

Have a Treasury Management representative contact you.

By phone

Got questions?

800-774-8179

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Branch Banking and Trust Company, Member FDIC.