Treasury Management

BankFlorida Treasury Management is designed specifically with our Commercial Customers in mind. Offering an array of products and services that allow your business to manage daily banking operations online efficiently in one secure location.

BankFlorida Treasury Management services include the following:

  • Treasury Management Online Banking Platform 
  • Multi-User Capability and Management
  • Check Positive Pay
  • Online Wire Transfer Services
  • ACH Origination Services
  • Remote Deposit Capture
  • Business BillPay
  • IntraFi Services
  • Sweep Accounts
  • QuickBooks® Compatibility
  • Stop Payments
  • E-Statements

Treasury Management services are subject to approval.
See below for additional information on the services we offer.
BankFlorida Treasury Management Banking allows you to access your business online banking securely from your computer. Upon enrollment and set up, simply go to our BankFlorida Treasury Management Banking site, login using your company ID, username, and password provided. 

Treasury Management Banking Benefits:
  • View real-time account activity and balances.
  • Transfer funds between accounts and make loan payments.
  • Access to online business bill pay.
  • Print and view account transactions and checks.
  • Customizable services and features.
  • Access 24 hours a day seven days a week so it fits your schedule.
At BankFlorida we realize financial losses due to check fraud and white-collar crime are a reality. To help prevent fraudulent activity we offer Check Positive Pay, an automated fraud detection tool.

Check Positive Pay allows BankFlorida to compare checks that are presented for payment against check issued by your company.  This comparison is completed through a daily check file sent from your company to the bank.  In the event checks are presented and do not match your check issue file, BankFlorida will notify you for any additional security review.
 
Positive Pay Benefits:
  • Peace of mind by reducing fraud exposure.
  • Ability to view checks and decision items that are presented.
  • Compatible with most accounting systems and spreadsheet applications.
  • Suitable for any size business or organization
  • Automated emails notification for exception Positive Pay items.
  • Online management of unmatched items enabling pay/return decisions.
Wire Transfers are a fundamental part of daily operations for most businesses and often need to be expedited. To facilitate this ever-growing business demand, we offer online wire transfer services.

 Submit wire transfers through  BankFlorida Treasury Management Online. Within minutes the wire request is received, and a Federal Reserve tracking number is emailed to you. This streamlined process allows for wires to be processed within minutes while saving our business owners the time and hassle of going to the bank.

Benefits:
  • Fast, easy & secure online entry.
  • Cutoff for same-day processing is 4:30 p.m.
  • Outgoing Wire Transfers sent within minutes.
  • Confirmation emails with tracking number sent to you (as requested).
  • Ability to create and save recurring wire templates.
Running the day-to-day operations of a business can be a hassle, including the time it takes to process payments to or from your employees, vendors, or customers. BankFlorida ACH processing is convenient, fast, and more cost effective than conventional payment methods (ex. paper check, wire). ACH Origination Services allow you to make your payments more efficiently, while saving your business time.

Benefits:
  • Appreciation from vendors and employees due to availability of funds.
  • Reconciliation of checks eliminated.
  • Simplification of accounts payable and payroll by the need to submit only one file.
  • Reduces your chance of losses due to check fraud.
  • Effortless uploading of your ACH NACHA files.

Remote Deposit Capture allows you to deposit checks without making a trip to the bank.  Remote Deposit Capture check scanners, you can deposit multiple checks at one time. 

RDC Benefits & Features

  • Eliminate trips to the bank.
  • Multi-Account and Multi-user access.
  • Deposit multiple checks at once.
  • Later Cut-Off times.
  • Reduce the need for courier services.
  • Access images of Deposits and Detailed Reports online.
  • Single Sign-on ability*.

Through our Merchant Services partnership businesses can explore options for accepting credit and debit card payments.

Does your business need any of the following? 

  • Savings on credit card processing fees.
  • Customized plan to fit your business.
  • Local representative you know and trust.
  • 24/7 excellent customer service.

Merchant Services are provided through a third party and are subject to approval. Merchant Services agreement required. Contact your local branch for additional information.

BankFlorida is part of IntraFi.

IntraFi is a network that links some of the largest banks and financial institutions in a shared network to provide FDIC insurance coverage for funds that may otherwise not have FDIC insurance Coverage.

Benefits 

  • Competitive Interest Rates.
  • Enhanced FDIC Protection. 
  • Periodic Statements.
  • Access to ICS funds online. 
  • IntraFi Deposit Services eliminates the need to deal with accounts at multiple banks.

To learn more please contact us.

Have your money work for you!

Sweep excess funds automatically, transferring between different accounts to optimize the use of available cash and maximizing returns while minimizing risk and manual funds transfer.

Benefits 

  • Manage Liquidity.
  • Automatic transfer.
  • Pre-set amount to transfer or a target balance.