ACH Collections

Streamline your A/R process, reduce errors and fraud risk, decrease payment-processing time and cost, and improve cash forecasting, when you convert from paper to electronic collections. Convert your paper-based transactions to ACH and realize the following benefits:

  • Reduced processing costs
  • Ability to initiate, verify, reverse, and delete transactions
  • Reduced fraud

Concentration services to leverage excess balances

ACH Payments

Streamline your A/P process, reduce errors and fraud risk, decrease payment-processing time and cost, and improve cash forecasting, when you convert from paper to electronic payments. Convert your paper-based transactions to ACH and realize the following benefits:

  • Reduced processing costs
  • Ability to initiate, verify, reverse, and delete transactions
  • Reduced fraud
  • Simplified payroll, tax, and vendor payments
  • Concentration services to leverage excess balances

Bill Pay

Fast and Convenient – No more checks to print or mailing supplies to keep on hand. Set up your invoice amount, and we’ll pay it. Initial set-up is quick and easy.

Cash Vault

Help safeguard your deposits and employees while simplifying and streamlining your cash handling processes and procedures.

How It Works

Using an onsite “smart” safe, make secure deposits at your place of business. Once your cash is deposited and validated in the smart safe, you will receive provisional bank credit. Deposits are counted, logged, and secured until an armored transport comes to collect them. Each week, deposits are reconciled, and any differences are posted to your checking account.

CBC Remote Deposit

From your desktop at work, handle checks with greater efficiency:

  • Eliminate trips to the bank
  • Increase employee productivity
  • Gain faster access to funds for improved working capital
  • Lower costs

Corporate Purchasing Card

Lower transaction costs and incorporate employee spending controls. Speed reconciliation and reimbursement. Save time and resources with a single card for purchasing, travel and entertainment, and account payable invoices.

Fraud Protection

Despite frequent fraud attempts, many businesses do not suffer financial losses when they implement strong fraud protection strategies. Here’s how to protect your organization:

Check Fraud

If your company writes checks, put the following services on all your checking accounts:

  • Positive pay systematically compares checks presented for payment to your issued-check files to detect serial numbers and dollar amounts that don’t match.
  • Reverse positive pay is an alternative to positive pay services for companies unwilling or unable to transmit issued-check files to CBC. You get the opportunity to review checks presented for payment and determine if they should be paid or returned.

If you make ACH payments, these services can help protect you:

  • ACH Fraud Filter – The “Stop” service automatically stops all ACH debits – except those you specifically pre-authorize – from posting to your accounts. The “Exception” service presents transactions to you for pay or return decisions.

Lockbox

Improve Deposit Availability

Our image-enabled lockbox service delivers comprehensive, flexible remittance processing that can substantially streamline your accounts receivable function. In addition, our lockbox services can help you to:

  • Improve staff productivity by automating manual processes.
  • Reduce mail float by taking advantage of faster mail delivery.
  • Decrease the potential for theft, fraud, and error by reducing the number of employee “touches” on each transaction.
  • Access decision-critical account information from your desktop.
  • Speed remittances and improve overall cash flow.

Merchant Services

For commercial businesses, offering alternative payments methods can give you a real competitive edge. Whether you’re a mid-sized business that handles high volumes of credit card transactions or an emerging business that is just getting started, California Bank of Commerce can help you streamline your purchase and reconciliation processes.

Based on years of experience advising businesses, our suite of effective services can help you:

  • Increase your revenues and satisfy customers by accepting multiple payment options
  • Accelerate cash flow
  • Reduce fraud losses
  • Access critical data quickly
  • Save time and reduce processing costs

Wire Transfers and Foreign Exchange Wire Transfers

Initiate wire payments electronically through our CBC Online Portal. You can quickly process same-day and future-dated domestic and foreign wire payments in U.S. or local currencies. Approve or reject outgoing wires and monitor wire activity in your accounts, when you’re away from your desk through your smartphone.