Cash Management and Other Services

Office Deposit
Save time and money by depositing checks electronically using your computer.

 
Silvergate Office Deposit utilizes a desktop scanner that connects to your own computer allowing you to securely deposit checks from your office.  You can scan checks and transmit deposits electronically to Silvergate Bank, anytime day or night.  It’s the fastest way to turn checks into cash.

• Faster credit for deposits means more immediate availability of funds
• Make deposits anytime and save time preparing them
• Consolidate funds from remote locations into one bank account
• Reduces trips to the bank and costly courier fees.

Automated Clearing House (ACH) Services
Collect recurring payments like dues or premiums with Automated Clearing House origination. This service is also ideal for direct deposit of payroll into employees’ bank accounts.

• Automate your payroll with direct deposit via ACH
• Collect your dues, rent or other monthly fees
• Make your recurring monthly payments to vendors
• Reduce your administrative expenses

Positive Pay/Account Reconciliation
This service can be used to help monitor potential fraudulent activity.  This service also allows for monitoring of items paid, to assist in daily cash flow.

• Manage risk and reduce fraud with Positive Pay by uploading a list of checks you have issued

Cash Management Sweeps
Put idle, non-interest-bearing money to work. Use Silvergate Bank’s sweep account service to automatically transfer balances from non-interest-bearing accounts into an interest-bearing account daily. 

• Sweep funds between accounts automatically to maximize your return and manage your cash flow
• Minimum Balance Sweeps, Zero Balance Accounts, and overdraft protection sweeps are available