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Cash Management & More

Whether your business is large or small, Benchmark will design a system of deposit, disbursement and cash management services to maximize your company's resources. Benchmark offers a variety of cash management services designed to optimize use of funds, reduce accounting costs and streamline reporting.

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Deposit Services
Deposit services include check collection, funds concentration and coin and currency services.

Lock Box Services
Reduce the costs associated with remittance processing and promote better cash flow. Payments come direct to the bank and custom reports will improve audit controls.

Disbursement Services
These services include check payment, control of disbursements, zero balance accounts and wire transfers as needed.

Merchant Processing
• User friendly Point-of-Sale hardware and software
• Credit card processing
• Debit transaction processing
• Gift and loyalty card redemption
• Electronic check conversion
• Reporting to help you manage transaction data

Remote Deposit
Benchmark Direct remote deposit technology eliminates the need to drive to the bank to make a deposit. Remote deposits improve efficiency and lower costs by allowing businesses to capture and deposit any check or money order electronically. Convenient online reporting is included and nominal fees for monthly access and transactions apply.

CDARS®
With CDARS®, multi-million deposits are eligible for full FDIC insurance. Experience the convenience of working with a single institution, one rate and one statement, while earning
CD-level interest. The funds stay in the local community, making life simpler for you. Ask a Benchmark Bank Personal Banker for details.

Other Services
• Direct payroll deposit
• Automated check reconciliation
• Armored car deposits
• High volume currency and coin services
• Positive Pay

 
 
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