CASH MANAGEMENT
Whether you require the most simple financial management tools or the most sophisticated, you’ll find that Security Bank of California has
the options you’re looking for!
CASH MANAGEMENT SERVICE
Choose only the options your company needs. Increase the options you use as
you grow. This computerized funds management program, for companies with sophisticated
cash management needs, allows you to perform a variety of functions from the
comfort of your home or office. View bank statements and account activity online.
Verify paid items, receive vendor payments through ACH debits to their accounts,
originate ACH debits, and transfer funds between general and interest bearing
accounts. You’ll also save time and money by generating direct-deposit
payroll for company personnel and reconciling bank accounts in moments!
ONLINE BANKING
Online Banking gives you the ability to perform a multitude of banking transactions,
on your own schedule, anywhere in the world. Use the internet to review account
balances, transfer funds between accounts or place stop payments. Conduct most
banking business online 24 hours a day, 7 days a week through a safe and secure
environment.
BILL PAYMENT
Relieve the stress of keeping up with personal and business bill payment while
you’re away on business. Use your Security Bank online banking program
and your connection to the Internet to pay bills online, wherever you are. You
can pay one bill at a time, or you can pre-schedule a recurring bill payment
program. It’s as easy as logging on and creating your payment preferences.
Missed bills can be a thing of the past with Security Bank’s online Bill
Payment.
AUTOMATIC TAX PAYMENTS
Process State or Federal Tax payments easily using the tax payment features
of Security Bank’s Cash Management service. This feature of our complete
Cash Management suite fulfills IRS remittance requirements for ACH payments
with ease.
BUSINESS REMITTANCE LOCKBOX SERVICE
Turn billings into cash faster than ever before by reducing mail processing
time and collection float. Customers remit payments directly to us; we do the
processing, deposit the receivables into your account and deliver the remittance
information to you daily. Receivables have never been credited to your account
faster.
POSITIVE PAY
Positive Pay is a powerful tool for fighting check fraud. Positive Pay allows
Security Bank to compare checks presented to us against your account to a file
provided by you detailing all of the checks you have written. This comparison
will help uncover circumstances where a check amount has been altered, a counterfeit
has been created using a different check number or the payee name does not match.
Using this product can also make it easier to reconcile your account.
ELECTRONIC DATA INTERCHANGE (EDI)
Automate your accounts receivables collection processing and reporting system
with Electronic Data Interchange (EDI). Receive detailed invoice information
and same-day payment notification.
WIRE TRANSFER
Security Bank of California’s wire transfer service can help provide you
with a faster, simpler and more convenient way of processing of same day and
future dated domestic and international wire payments.
CONCENTRATION ACCOUNTS (ZBA)
Need to manage multiple checking accounts due to segregated duties? The Concentration
Account service can give you greater control over your cash position by managing
and maintaining balances to meet your disbursement schedule. Funds are automatically
moved from your parent account to your related accounts, saving you from multiple
transfer fees and calling the bank to make transfers.
TELEPHONE BANKING
Verifying account balances, transferring funds between checking and savings
accounts and verifying items paid against your account is as easy as picking
up the telephone. Use this convenient service to carefully manage your personal
cash flow and maximize the use of the funds in your account.
