02 — Capability · BC-1710.50
Business & Treasury Accounts
Give business and institutional clients account structures that match how they run their cash, with sweeps, concentration and balance reporting that let them see and use their money across many accounts. The payments they send and the client's own treasury work are outside this capability.
- Commercial Deposits
- Treasury Services Accounts
- Cash Management Accounts
In scope
- Account hierarchies, sub-accounts and virtual accounts
- Sweeps, zero-balance accounts, cash concentration and notional pooling
- Service billing, earnings credits and balance and transaction reporting
- Receivables collection services such as lockbox
Out of scope
- An enterprise's own bank accounts and payments (see BC-230.40)
- Payments clients send and receive (see BC-1730.10)
- Business lending and credit lines (see BC-1720)
Realized by · 0
- No product in the catalog yet.
Used in · 1
Build it · 0
- Nothing in the library points here yet.
Decomposes into · 5
- BC-1710.50.10Commercial Account StructuresSet up parent and child accounts, sub-accounts and virtual account numbers so a client can separate, identify and reconcile its money as it needs.
- BC-1710.50.20Sweeps & Cash ConcentrationMove balances automatically between a client's accounts, or into investment options, at the end of each day under the rules the client has agreed, or pool them notionally for interest without moving them.
- BC-1710.50.30Business Account Service BillingCount the services each business client used, offset them with earnings credits on balances, and bill or debit the net charge.
- BC-1710.50.40Client Balance ReportingReport prior-day and intraday balances and transactions to business clients in the formats and channels their treasury systems read.
- BC-1710.50.50Receivables & Lockbox ServicesReceive business clients' incoming checks and electronic receipts on their behalf, capture the remittance details, deposit the funds and send the client a file it can post to its receivables.