Treasury Management

You can simplify your receivables processes by incorporating our cash management solutions focused on streamlining receipt of funds and maximizing the efficiency of your cash flow. Our collection services reduce or eliminate mail, processing, and collection “float,” resulting in improved funds availability, cash forecasting and audit control.

ACH COLLECTION:

ELIMINATE PAPER AND REDUCE COSTS

Collect funds from your clients in a secure manner and conduct a variety of transactions quickly and easily. You can accelerate and reduce the costs of accounts receivable by eliminating bill preparation and postage expenses.

MERCHANT PROCESSING SOLUTIONS:

Increase Your Revenue with Card Acceptance

Process all major payment types of credit and debit transactions with ease. Funds are available the next day in your checking account.

DESKTOP REMOTE DEPOSIT

Collect Funds Quickly from Your Office

You can scan and securely transmit checks via our online platform, saving you trips to the bank while providing quicker access to your cash. With our easy-to-use web-based platform and desktop scanner, you will save time and money by making same-day deposits until 6:00 p.m. daily.

MOBILE REMOTE DEPOSIT ANYWHERE

Make a deposit using your Apple or Android mobile device

You can use your smartphone to make a deposit from virtually anywhere. Perfect for businesses with low check volume, one-off checks or multiple locations.

You can combine cash into a single account for more effective investing and borrowing. The easiest, most productive way to control your cash resources is through our concentration solutions.

ZERO BALANCE ACCOUNTS

You can feel confident you are effectively managing your funds in the most efficient manner through automatic consolidation. As items are credited or debited on a ZBA, funds are automatically transferred to/from the master account, keeping the account at a zero balance. This process is fully automated and requires no manual intervention.

CASH CONCENTRATION SWEEPS

Utilizing our ACH Origination Platform for Collections you can combine cash from multiple external accounts into your Royal Banks of Missouri account(s), “concentrating” all your company’s cash. Ideal for companies that receive cash payments from clients and are not geographically located near one of our branch locations.

LINE OF CREDIT SWEEP

Royal Banks of Missouri’s line of credit sweep service provides a total, automated liquidity management solution that helps minimize interest expense. Simply establish a “target balance” in your primary operating account; collected funds that exceed the target balance are automatically swept to pay down the line of credit balance. If the balance in the operating account falls below the target balance, the sweep service automatically borrows from the line of credit to cover daily disbursement transactions, avoiding costly overdrafts. This is a fully automated, bi-directional sweep that requires no manual intervention.

You can manage your cash with tools designed to improve cash flow forecasting, provide a more accurate calculation of your cash needs, and simplify your processes.

ACH ORIGINATIONS

Eliminate paper and reduce costs

You can originate ACH transactions (both debit and credit) directly from our commercial online banking platform. Generating payments to vendors, employees, clients, and others via ACH eliminates check writing, increases accuracy, improves cash projections and reduces the possibility of check fraud. You will also reduce costs by eliminating bill preparation and postage expenses.

DOMESTIC AND INTERNATIONAL WIRE TRANSFER SOLUTIONS

Immediate and secure settlement

You can send or receive funds securely from one bank to another with specific instructions for payment and settlement.

BUSINESS DEBIT, CREDIT AND PURCHASING CARDS

Providing multiple payment options

Debit Card: Provides an alternative payment method to cash or checks when making purchases by deducting funds from the cardholder’s bank account. Debit cards may also allow for instant withdrawal of cash, acting as the ATM card for withdrawing cash and as a check guarantee card.

Credit Card: Helps clients pay and manage travel, entertainment, and other general business expenses with a large credit line. The card has no annual fees and offers online tools that make it easier for you to manage the program. The product also offers automated monthly cashback rebates and does not require you to manage points.

Purchasing Card: Allows your company to pay vendors with exact match and single-use accounts. It can help you improve your cash flow and offers automated monthly cash back rebates.

Timing is critical in identifying and preventing fraudulent check activity on your accounts. Altered and forged checks create the potential for severe financial loss, as well as threaten the integrity of your accounts payable system. Positive Pay minimizes the possibility of fraud loss or disruption of payments to your vendors, clients, or employees.

CONVENTIONAL POSITIVE PAY

Positive Pay is a tool that protects your organization from losses due to fraudulently created or altered checks. It allows you to monitor checks processed for payment against your account and reject unauthorized transactions before losses occur.

With Conventional Positive Pay, you simply transmit or input your check issue data securely through the bank’s on-line portal whenever you issue checks. When items are presented for payment against your account, the Positive Pay system identifies checks that do not match the check issue data you submitted.

ACH POSITIVE PAY

ACH Positive Pay is a tool that protects your accounts from fraudulent electronic debits. Your accounts can be set up with a debit filter or a debit block.

With ACH Debit Filter, you provide us with the ACH originator IDs of vendors that you authorize to debit your account electronically. If an ACH debit is presented by an originator that is not on your authorized list, it will report as an exception. You will then decide to pay or return the exception.

ACH Debit Block blocks ALL electronic debits from posting to your accounts, returning them to the originator automatically.

Imperial

• Minimum Monthly Average Collected Balance to Avoid Service Charge: $35,000
• Number of Monthly Items Included: 150
• Items Over 150 Per Month: $0.50 Each
• Monthly Service Charge if Average Collected Balance Falls Below Minimum: $44.95
• Choice of: 2 “Bundle Services”

Regal

• Minimum Monthly Average Collected Balance to Avoid Service Charge: $75,000
• Number of Monthly Items Included: 200
• Items Over 150 Per Month: $0.50 Each
• Monthly Service Charge if Average Collected Balance Falls Below Minimum: $69.95
• Choice of: 3 “Bundle Services”

Elite

• Minimum Monthly Average Collected Balance to Avoid Service Charge: $150,000
• Number of Monthly Items Included: 250
• Items Over 200 Per Month: $0.50 Each
• Monthly Service Charge if Average Collected Balance Falls Below Minimum: $99.95
• Choice of: 4 “Bundle Services”

Bundle Services

Base Services (Included in each bundle)

• Mobile Banking
• Corporate Debit Card(s)
• Online Banking Solutions with Current Day Activity and Reporting
• Mobile Remote Deposit

Bundle Services

• ACH Origination Module
  • Direct Deposit of Payroll
  • ACH Payments/Collections
  • ACH Cash Concentration Sweeps
• Online Wire Transfer Module
• Zero Balance Accounts
• Positive Pay
• ACH Positive Pay
• Investment Sweep Accounts
• Desktop Remote Deposit
• Same Day ACH