Additional Cash Management Solutions

Spend less time on paperwork and bank trips and more time on everything else that demands your attention. Each of our cash management solutions is designed to make your day-to-day business operations function at its best. Free up your most valuable resources — time and staff — with the help of HVCBank. If you have any questions regarding our specific cash management products, please contact us for further details.

ACH Origination

Better predict your cash position and stay on top of incoming cash flow at all times.

  • Ideal for businesses with a high volume of recurring receivables, including:
  • Monthly dues
  • Payments
  • Premiums
  • More closely predict your overall cash flow
  • Customers can opt to set up one-time or recurring transactions
  • Cut out the need to physically process each payment

Lockbox Services

Receive incoming mail receipts in your account in far less time than it would typically take, which means better cash flow for your business. Incoming payments are collected, processed, and deposited before they would even reach you by mail.

  • Ideal for businesses that receive a large amount of incoming mail
  • Incoming mail receipts are directly deposited to your account
  • Receive continuous deposits throughout the day
  • Available before they would even reach your mailbox
  • Same day notification of receipts
  • Expedites your deposits and improves cash flow
  • Free up resources; reduce clerical time and effort
  • Expedites movement of your mail
  • Eliminates delayed deposits
  • Strengthens audit control
  • Provides timely deposit information

Positive Pay

Catch fraudulent activity before it can even occur. Positive pay compares your issued checks to an electronic file of transactions. Anything suspicious is automatically flagged and brought to your attention. Make sure your money is going where it's supposed to and nowhere else — before it's too late.

  • Eliminate check fraud against your business
  • Increased peace of mind
  • Transactions thoroughly checked against a supplied record of issued checks
  • Anything questionable is automatically brought to your attention
  • Catch fraudulent activity before the money leaves your account
  • Protect your company's assets
  • Simple process from start to finish
  • Timely check return

Account Reconciliation

Improve your audit control and streamline back room functions with the help of account reconciliation services.

  • Ideal for businesses handling and issuing a large number of checks
  • Improve audit control
  • Streamline back room functions; reduce costs
  • Keep records up to date
  • Audit control over funds collection and disbursement:
  • Checks written matched to checks that clear your account
  • Catch errors early; increased accuracy
  • Maintain internal controls
  • Expedite checking records
  • Always know your financial position

Wire Services

Move money to wherever it needs to be without the worry. Whether your destination is local, regional, national, or even international, you can easily initiate wire funds via HVCBank's wire services.

  • Easy, same-day, safe movement of funds
  • Move money locally, regionally, nationally, or even internationally
  • Schedule one-time transfers or create recurring templates for future use

Escrow Management

Available to real estate agents, attorneys, landlords, and other professionals, reduce the expense of maintaining individual escrow accounts, while still securing competitive interest for your client. Easily create sub-accounts for each client, each managed within one master account. Save yourself time, money, and even simplify taxes.

  • Available to real estate agents, attorneys, landlords, or any professional
  • Spend less time and money on managing separate escrow accounts
  • Sub-accounts housed within one master account
  • Competitive interest apportioned to each individual sub-account
  • Each client account is individually insured up to FDIC limit
  • Comprehensive account and IRS reporting (for each individual account)