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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.

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, as well as the flexibility to transfer funds between your accounts online or in the mobile app.

Management of Payables

Services suited to align with your cash balances and financial forecasts.

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

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

Management of Receivables

Services that accelerate collections to strengthen your balance sheet

Zelle^® for Small Business and Merchant Services streamline availability of funds in your account. Lockbox Services and Remote Deposit Capture expedite processing and eliminate visiting one of our branches in Florida or Puerto Rico to deposit paper checks.

Our automated Zero Balance Accounts, for business incorporated in the US, 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.

Risk Management

Banesco USA oversees your accounts to prevent fraud and protect you from cyber threats. Payee Positive Pay detects potential fraud by matching your payee and other information with checks presented for 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.

Service from your Relationship Manager is complemented by secure email messaging available through online banking and the mobile app.

Loans and lines of credit are subject to credit approval. Additional conditions may apply.

Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and used herein under license.

Merchant Services provided by FiServ.