SunTrust understands that preventing fraud is a top priority for treasury professionals. Payments fraud in particular can be a serious threat to your business. It can occur at multiple points in the payment process, by anyone who comes into contact with account information. Unfortunately, the perpetrators are often employees or other trusted contacts. We provide a full suite of advanced fraud protection tools to automatically flag unauthorized transactions and help you prevent losses before they occur.
Check fraud protection
We offer two levels of check fraud protection, both of which help you improve decision-making, reduce costs and free your staff to focus on exception items rather than laborious manual reconciliation.
ACH Fraud Control
While ACH is efficient and cost-effective, ACH fraud is on the rise. You can increase control over ACH and continue to take advantage of its low cost and cash flow advantages. ACH Fraud Control lets you set parameters for which transactions are allowed. And with our online ACH access, you’ll have the tools you need to monitor electronic payments and block unauthorized ACH debits before they post to your account.
Commercial Card fraud protection
If your staff uses company credit cards, fraudulent or abusive spending by unscrupulous employees or unauthorized users can cost you countless dollars. Enterprise Spend Platform, our online card management program, gives you unprecedented control over your card program with tools to track and prevent unauthorized card purchases.
To learn more, please contact your Treasury Sales Officer or Relationship Manager.
Some of the features of our payments fraud protection solutions are:
Reduce the risk of fraudulent checks
Customizable protection with ACH Fraud Control
Prevent fraudulent or abusive purchases
Too often small business owners let cash fluctuations and shortfalls disrupt their business’s operations and put their personal finances at risk. Business cash reserves put owners ahead cash surprises.
Cash shortfalls and fluctuations leave owners scrambling to keep the business running without dipping into personal finances. Stretching payables frees up the cash owners need to get through a cash crunch.
When it came time to transition his business, Andy Hafer, founder of Dynamic Communities, found resources with his bank to make the change easier.
Focused on adapting to the rapid changes rippling through the auto-dealer industry, Flow Automotive relies on its organizational principles and partnership with SunTrust for its innovative solutions and strategic vision.
Higher capital costs are leading businesses to concentrate on cash management using better data trails from electronic transactions and integration with operational and financial systems.
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
© 2019 SunTrust Banks, Inc.
Equal Housing Lender. SunTrust Bank - NMLS #93471Link opens a new window. 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. 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 FINRALink opens a new window and SIPCLink opens a new window, 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 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 FINRALink opens a new window and SIPCLink opens a new window.