RECEIVABLE SOLUTIONS

You understand an efficient collection process directly affects the availability of working capital necessary to meet your business obligations. Our full suite of electronic and paper-based solutions are designed to accelerate the inflow of cash to your company and/or reduce processing expenses in your back office. Presidio Bank's Cash Management specialists will work with you to customize a collection system that works efficiently for your accounting staff and is convenient for your clients.
 

Cash Vault Services
A prompt, accurate handling and credit of your cash and coin deposits is ensured by our secure cash vault processing service.
Courier Service

For businesses with important things to do, Presidio Bank offers a commercial courier service to get your deposits or important documents to the bank. You select the frequency and the courier will be there. As a strong alternative to this type of service please check out our Remote Check Deposit service which we feel can bring you greater advantages at a lower cost.

Electronic Funds Transfers
We can facilitate your incoming wire transfers with real time information reporting and incoming wire email alerts. Our online tools can assist your organization with low and high volume ACH transfer applications to do everything from collect money from consumers to concentrating your cash in our bank.
Lockbox Wholesale
  • Convert receivables into available cash more quickly and efficiently 
  • Payments mailed directly to central lockbox location where they are deposited and credited on the same day received 
  • Streamline collections by eliminating the need to prepare deposits and take them to the bank 
  • Efficient processing accelerates the availability of funds 
  • Increase in available cash can mean a reduction in interest expense on a loan, an investment opportunity, or a reduction in bank fees 
  • Time saved frees your staff for other responsibilities within the business 
  • Receivables are processed in a secure, controlled environment
Merchant Card Services

Presidio Bank has formed an alliance with Merchant e-Solutions to offer a full-service credit card acceptance program.

Features

  • No long-term contract or hidden fees
  • Help Desk service available 24/7
  • MasterCard®, Visa, American Express®, Discover® and Diners Club card acceptance
  • PIN-based debit and electronic check acceptance
  • New or refurbished point-of-sale equipment Internet and software solutions available
  • Affordable gift card programs
  • Account can typically be set up within five business days from approval

Benefits

  • Accept credit cards where ever your business takes you: online, in store or on the road
  • Competitive processing rates
  • Internet access to daily transactions and monthly statements
  • Credit card acceptance is proven to increase sales volume
Remote Deposit

Deposit checks the quick and easy way: Electronically.

With this advanced technology, you conveniently deposit checks from your office: no more trips to the bank or worrying about bank hours! Simply scan and send; you may as well view and print images. Streamline your cash flow and improve receivables management with quick electronic deposit preparation, access to deposit history (up to 24 months) and easy data importation to accounts receivable systems.

Benefits

  • Speed: faster availability of deposited funds
  • Savings: save time and cost
  • Convenience: no more trips to the branch
  • Security: encrypted transmission and password-protected software
  • Equipment: easy-to-use scanner and software

Simple Set-up and Processing

  • Presidio Bank will install the scanner and web-based software on your Internet-ready PC onsite
  • Scan your checks (scanner captures both sides of check)
  • Send scanned check images securely to the bank via a secure Internet connection
  • Copies of each check will be made, processed and funds will be deposited into your Presidio Bank account.  Access to the history of  your deposits and individual checks deposited is available online for 24 months

Must meet Presidio Bank credit and eligibility requirements for use of this service.

Cash or foreign check deposits must be made at one of our banking offices. 

Remote deposits may be made through out the day, until 5:00  pm (PST).

 

For further information regarding Cash Management Services, please call or visit your local Presidio Bank office.