- 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
- 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
Maximize the strengths of your company with solutions and suggestions to improve your financial operations.
Choose a payment processing option that suits your company today and as it grows.
Whether you need short-term financing or solutions that put account surpluses to work for you, we can customize a product bundle for your business to make accessing your money and managing your accounts easier.
Optimize your company's liquidity, make sound investments for the future and reduce your financial risks with an array of treasury management options.