Treasury Management

A comprehensive suite of business services to streamline payables and receivables, manage global disbursements, and mitigate financial risk

We understand how cash flow management drives growth and profitability. Expect personalized, collaborative service from our Treasury Management experts who provide the tools, technology, and solutions that support your liquidity strategy.

Our Treasury Management team works alongside you and your team to help design workflows that maximize the efficiencies of our Treasury Management Services. We guide you through the setup process and align services as your needs change.

White ball graphic related to treasury services

Account Management

Innovative online and digital technologies streamline the management of your business accounts

We offer the flexibility to assign authorized users to your accounts to facilitate transactions that meet the parameters you set, so you maintain control while increasing operational efficiency.

Workflow efficiencies are improved with data exports to QuickBooks^®, paperless statements, and account activity alerts via email or text, as well as the flexibility to transfer funds between your accounts online or in the mobile app.

Payables Management

Services suited to align with your cash balances and financial forecasts

Wire transfers seamlessly enable electronic payments, ensuring precise and timely disbursement of funds, within the U.S., Puerto Rico, and internationally.

Our Visa Debit Card offers the flexibility to pay contactless for purchases online and in person, and monitor transactions online to maintain cash flow.

Simplify business-related spending with a Visa Purchasing card that offers efficient expense tracking.

Gain more buying power with Letters of Credit to help you strengthen relationships with a guarantee of payment.

Receivables Management

Services that accelerate collections to strengthen your balance sheet

Zelle^® for your small business and Merchant Services streamline availability of funds in your account.

Lockbox Services and Remote Deposit Capture¹ expedite processing and eliminate visiting a banking center to deposit paper checks.

Cash Services allow you to manage currency with a full-scale solution for armored transport, deposit processing, and change orders, reducing risk and accelerating cash flow.²

Our automated Zero Balance Accounts, for businesses incorporated in the U.S., ensure the smooth transfer of idle cash in operating, payroll, and other accounts to and from a master account while maintaining adequate balances to cover expenses.

Two professional entrepreneurs at banesco international

Risk Management

Banesco USA oversees your accounts to prevent fraud and protect you from cyber threats. Positive Pay detects potential fraud by matching your payee and other information with checks and ACH transactions prior to processing.

Our Online Banking tools make it easy to add and remove authorized users, set up transaction limits, and view processing history. Account activity is monitored to detect potential fraud. Your historical transaction patterns are analyzed and any deviation is brought to your attention.

Two-factor authentication provides added protection using our mobile app, and paperless statements are posted in your online deposit accounts for view and download. Banesco USA accounts are insured by the FDIC up to the standard maximum amount. Higher FDIC insurance coverage is available for deposit balances above $250,000.

Service from your BanescoSelect Relationship Manager is complemented by secure email messaging available through Online Banking and the mobile app.

Account transaction and service fees apply. Refer to the Schedule of Fees and Service Charges.

¹Equipment rental fees not included. For more information about Treasury Management products and fees, contact your Treasury Management Specialist or email TM@banescousa.com.

²Cash Services available to business customers in the continental U.S. and Puerto Rico.

Purchasing Cards are subject to credit approval. Earn cash back on total annual purchases. Rebate calculated based on total spend for the year and paid out as an ACH deposit into checking account or statement credit. Additional conditions apply.

Merchant Services available to business customers in the continental U.S. and Puerto Rico. Merchant services in the continental U.S. provided by FiServ. Merchant Services in Puerto Rico provided by Dynamics Payments.

Lockbox Services available to business customers in the continental U.S.

Quicken^® is a registered trademark of Rocket Mortgage, LLC, used under license. QuickBooks^® is a registered trademark of Intuit Inc.

Zelle^® is available in over 2,300 banking and credit union apps. To send or receive money with Zelle^®, both parties must have an eligible checking or savings account. Transactions between enrolled consumers typically occur within minutes. Check with your financial institution. Zelle^® and the Zelle^® related marks are wholly owned by Early Warning Services, LLC and used herein under license.