In today’s fast paced business environment, managing working capital and liquidity is challenging. To maintain a competitive edge, you need flexible cash position management solutions to help you manage your accounts. We offer a full range of tools to help you simplify account reconcilement and at the same time optimize working capital.
Zero Balance Account
Optimize your funds with centralized, automated control while reducing bank fees and clerical workload—and earn greater returns on excess cash. With a Zero Balance Account, you can establish independent operating sub-accounts, linked to a single master account. At the end of the processing day, the sub-account ledgers adjust to zero or a threshold amount and the appropriate amount automatically transfers to or from your master account. Whatever your unique needs, accounts can be configured in a variety of ways to give you the control and detailed reporting you require.
Sub Account Management
Sub Account Management can help eliminate the need for multiple bank accounts, while maintaining the reporting integrity at the sub-account level. By establishing virtual sub-accounts, you have the ability to open and close sub-accounts, maintain separate statements, track balances, deposits and check disbursements. You can also allocate interest earnings and/or interest expense by division, department, customer or legal entity within one master bank account.
Eliminate excess balances
With our cash concentration service, you can reduce excess balances. We also offer overnight Business Sweep to help you maximize returns on your operating cash.
Some of the features of our cash position management solutions are:
Optimize your funds with Zero Balance Accounts
Our Zero Balance Account option gives you greater control over your funds—and many other benefits.
Savings and ease with Sub Account Management
Sub Account Management can help consolidate multiple sub-accounts under a single master account. This service allows you to maintain separate statements and track transactions by sub-account.
Make the most of your cash reserves
Gain more control and visibility into excess balances by consolidating funds from multiple deposit accounts to a master collection account.
By using automated billing and payment systems, companies can drastically reduce their exposure to fraud-prone paper transactions.
Transitioning a business is one of the most important decisions you will make. Don’t leave planning to the last-minute. Learn how you can take control of the transition process.
While financial institutions improve their defense against fraudulent activity, fraudsters are going after those who are more vulnerable—clients. It’s time to educate individuals on staying vigilant.
Social media strategies boost online sales for small business.
SunTrust demonstrates its purpose proudly in Charlotte, where its outreach, assistance and education programs reach the people who need it most.
For details about Wire Transfers with SunTrust, call 1.800.947.3786 – options 1 & 4
SunTrust Incoming wire instructions:
Investment and Insurance Products:
Are Not FDIC or any other Government Agency Insured Are Not Bank Guaranteed May Lose Value
© 2018 SunTrust Banks, Inc.
Equal Housing Lender. SunTrust Bank - NMLS #93471. Member FDIC.
SunTrust, SunTrust PortfolioView, SunTrust Robinson Humphrey, SunTrust Premier Program, AMC Pinnacle, AMC Premier, Access 3, Signature Advantage Brokerage, Custom Choice Loan and SunTrust SummitView are trademarks of SunTrust Banks, Inc. All rights reserved. All other trademarks are the property of their respective owners.
Services provided by the following affiliates of SunTrust Banks, Inc.: Banking products and services are provided by SunTrust Bank, Member FDIC. Trust and investment management services are provided by SunTrust Bank, SunTrust Delaware Trust Company and SunTrust Banks Trust Company (Cayman) Limited. Securities, brokerage accounts and insurance (including annuities) are offered by SunTrust Investment Services, Inc., a SEC registered broker-dealer, member FINRA, SIPC, and a licensed insurance agency. Investment advisory services are offered by SunTrust Advisory Services, Inc., a SEC registered adviser. GFO Advisory Services, LLC is a SEC registered investment adviser that provides investment advisory services to a group of private investment funds and other non-investment advisory services to affiliates. Mortgage products and services are offered through SunTrust Mortgage, a tradename for SunTrust Bank, and loans are made by SunTrust Bank.
"SunTrust Advisors" may be officers and/or associated persons of the following affiliates of SunTrust Banks, Inc.: SunTrust Bank, our commercial bank, which provides banking, trust and asset management services; SunTrust Investment Services, Inc., a registered broker-dealer, which is a member of FINRA and SIPC, and a licensed insurance agency, and which provides securities, annuities and life insurance products; SunTrust Advisory Services, Inc., a SEC registered investment adviser which provides Investment Advisory services.
SunTrust Private Wealth Management, International Wealth Management, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups and GenSpring are marketing names used by SunTrust Bank, SunTrust Banks Trust Company (Cayman) Limited, SunTrust Delaware Trust Company, SunTrust Investment Services, Inc., and SunTrust Advisory Services, Inc.
SunTrust Robinson Humphrey is the trade name for the corporate and investment banking services of SunTrust Banks, Inc. and its subsidiaries, including SunTrust Robinson Humphrey, Inc., member FINRA and SIPC.