cash concentration

Access your funds in one location

Faster Funds

Funds are available the same banking day after the transfer—for payments or investments.

Reduce Costs

Save time and expenses for preparing checks or initiating wire transfers.

No Idle Balance

Eliminate idle balances by pulling deposited funds into your First Citizens account.

benefits

Concentrate cash flow

Multiple locations

Transfer funds from your First Citizens account to a location's outlying bank account. Funds are always available the next banking day.

Access local banks

Continue to use local banks for deposits that are transferred into your First Citizens account.

Same day ACH

Open the door to faster payments with same day ACH. Same-day clearing and settlement of ACH transactions provides faster funds availability to receivers of ACH transactions.

how it works

Consolidate and track funds

Cash Concentration can help you combine and transfer deposits from other banks into your First Citizens account.

Online access

Manage cash using Business Online Banking (BOB) Advantage®.

Schedule transfers

Using BOB Advantage, create account locations and schedule funds transfers.

Process

Each business day, we download transfers, process ACH files and transmit electronic funds.

Next-day funds

Funds are available the next banking day.

Business Digital Banking

Manage your business on the go

Manage your accounts from anywhere

Send and transfer money using ACH and wires

Receive account and security alerts

Business Digital Banking

Manage your business on the go

Manage your accounts from anywhere

Business Digital Banking

Manage your business on the go

Send and transfer money using ACH and wires

Business Digital Banking

Manage your business on the go

Receive account and security alerts

Remote Image Deposit

Deposit money from anywhere

Deposit checks remotely for faster processing and extended deposit hours.
Business Rewards Visa

Earn more from your business

Make business purchases count with bonus points.

Normal bank approval applies.  

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Bank deposit products are offered by First Citizens Bank. Member FDIC and an Equal Housing Lender. icon: sys-ehl.