Cash Management

Get the tools and resources you need to keep your business running smoothly

Effectively manage your business by improving cash flow, minimizing cash handling risk, and increasing profitability

Our comprehensive suite of Cash Management Services will save you time and money. We take a holistic view of your business and provide solutions to help you efficiently manage cash flow, track and monitor your finances, and invest in ways to grow your business.

Cash Inflow Services

The inflow of cash is vital for your business to meet its daily obligations and generate profit. The following are the services we offer:

ACH Debit Origination gives you the ability to collect money from customers electronically—no more waiting for a check to arrive by mail. Simply log in to our website to view your deposits and know where you stand 24/7. In addition, it provides a cheaper alternative to wire transfers.

Many customers use Quail Creek Bank’s ACH Origination service successfully to collect dues, accounts receivable, and checks by phone.

If you’re like most business owners, you don’t have the time to sort through your mail (or drive to your post office box to collect your mail) and prepare a deposit each day. With Lockbox Processing, payments made to your company are routed to a post office box, where they are collected and processed by our bank staff. We deposit each payment when it arrives and create an image of all checks and any accompanying documents (which can be viewed and downloaded from our lockbox web portal). Then, each day we’ll let you know the amount deposited to your account and provide custom reports detailing what’s most important to you.

Quail Creek Bank’s Remote Deposit service gives you the ability to make deposits from your office 24/7. You’ll receive an email confirmation of your deposit and detailed reporting options. And if you have more than one office or store, deposits can be made from each location, eliminating the need to pick up deposits.

See how Remote Deposit can work for you and watch Deposit Dash!

Important: Special equipment (at no charge) is required to use our remote deposit service, and we provide onsite training and installation at your convenience.

Merchant processing, or credit card acceptance, is a must in today’s digital world. Quail Creek Bank can help set up your business to accept cards for the first time or transition you from another processor. Through our partnership with BASYS Processing, we offer acceptance of Visa, Mastercard, and Discover cards, allowing you to boost collections and improve your cash flow. Plus, we’re your primary point of contact and will help answer any questions you have.

Tip: Here are five things to look for when choosing a credit card processor.

Cash Outflow Services

It’s critical to stay on top of your cash outflow no matter how you pay for the things you need. The following are the services we offer:

ACH Credit Origination provides the mechanism to create electronic transactions to make payments—no more writing checks! Simply log in to our secure website to manage your electronic payments quickly and easily. You’ll find ACH Origination is cheaper than wire transfers and will help manage your accounts more effectively.

Many of our customers use ACH Credit Origination to direct deposit employee payroll, reimburse expenses, or make payments.

Enroll in our Business Bill Pay service to streamline your payables process. Once you set up your payees in our secure online payments system, you can make payments anytime, 24/7, from your smartphone, tablet, or computer. Additionally, our Business Bill Pay service supports invoicing, discounting, and multiple payment reporting. Plus, you can create custom login credentials and limits for key personnel at your company.

View a Demo and Enroll Here

Use Positive Pay to ensure your checks arrive at the bank for processing exactly how you issued them. Once we receive your check data, we compare your check data with the information that appears on the checks for processing. As a result, we can detect counterfeit checks, altered checks, unauthorized checks, voided checks, and stale-dated checks. Plus, our experts will work with you to make setup easy!

You can use Business Debit and Credit Cards to streamline expense accounting, improve your purchasing power, make deposits, and get cash 24/7. Click on the Business Debit Cards or Business Credit Cards link below to learn more.

Business Debit Cards

Business Credit Cards

Your business can transfer money across town or around the world. Get the details you need to get started.

Other Services

Looking to earn a return on idle balances, or for FDIC insured products? Check out the products below:

Our Sweep Money Market account is a great way to let your excess money work for you. At the end of each day, funds are automatically transferred (or swept) to a specified balance amount from your business checking account into an in-house money market account so you can earn interest overnight.

CDARS provide an excellent alternative to managing multiple accounts at several financial institutions and remain fully FDIC insured. CDARS benefits include:

  • One Bank—following a brief interview to identify your financial preferences and needs, Quail Creek Bank will divide your excess cash into smaller amounts and place it with other financial institutions that participate in the CDARS Network. Each financial institution will issue CDs on your behalf, giving you FDIC insured protection on your funds.
  • One Rate—once you select a CD term, your rate will remain the same no matter what financial institution issues your CD. That way, you don’t have to negotiate rates with various financial institutions.
  • One Statement—we’ll consolidate all your CDARS into one statement, showing each CD’s issuing bank, maturity date, interest earned, and other details. So now, you won’t have to track changing collateral values on an ongoing basis.

Early withdrawal penalties apply.

Learn more about CDARS.

IntraFi Network Deposit Accounts provide the same great FDIC coverage as CDARS, but with the added flexibility of withdrawing your funds when needed. Here are the benefits of using this account:

  • The FDIC fully insures your funds.
  • You’ll earn a return on excess funds without worrying about paying early withdrawal fees.
  • You can withdraw funds up to six times per month.
  • You can access your account online, 24/7.
  • You’ll save time working with Quail Creek Bank instead of hassling with multiple banks.
  • You’ll have access to one easy-to-read statement with information about all your ICS accounts.

Learn more about IntraFi Network Deposit Accounts.

Reporting Services

We know how important it is to monitor and track your financial position regularly. The following are the services we provide to help:

Use Quail Creek Bank’s Online Banking service to help you manage your accounts wherever you are, 24/7. Here are some of the many things you can do with this service:

  • Comprehensive transaction details for all accounts
  • Transfer funds between accounts or to an account at another financial institution
  • Check your loan balances and make payments
  • Review pending authorized debit card transactions and incoming electronic deposits and payments
  • Examine historical account details, electronic statement copies (for the last 18 months), and check/deposit slip images
  • Customize email notifications and text alerts for your account(s)

 

Learn more and enroll in Business Online Banking.

Manage your business accounts 24/7 using your smartphone or other mobile devices. Enroll in Online Banking and then download our Mobile Banking app. With Quail Creek Bank Mobile Banking, you can:

  • View account balances, transactions, and pending payments
  • Instantly transfer funds between Quail Creek Bank accounts
  • Pay bills
  • Deposit checks
  • Add pics, tags, and notes to your transactions

 

Download our mobile app

Available on the App Store  android app on google play

Learn more about Mobile Banking.

Electronic Data Interchange, or EDI, refers to the payment details that accompany most electronic payments and includes critical data used to post accounts receivable accurately. Using EDI, you’ll receive email notifications when payment details become available—usually before you receive funds. Additionally, you can log onto the Federal Reserve database to download information at your convenience.

Common EDI users include government contractors, large corporations that require their vendors to accept ACH settlements, and medical professionals.

 

If you use our Lockbox Processing Service, we’ll provide custom reports to help you monitor and manage your payment details. And because all our reporting is web-based, you can access your reports 24/7 and extract any data you may need when you need it.

Learn more about our Lockbox Processing Service.

Programs are subject to additional terms and conditions. Mobile and online banking are subject to service provider fees. 

Questions?

Contact one of our experts today

Erin headshot

Erin

Senior Vice President

405.242.2885 | Email Erin

Nok headshot

Nok

Cash Management Officer

405.242.2878 | Email Nok

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