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Fidelity Bank's Cash Management Services address the market needs for medium size corporations. Delivering a wide range of services directly to business customers enables a business to easily manage their accounts and maximize their cash flow.
Cash Management Services include:
Business Sweep Account*
Our Business Sweep Account combines an interest bearing Business Money Market Account or Business Savings Account with a non-interest bearing Business Checking Account.
Merchant Card Services
Our Merchant Card Services bring two important benefits to your business. First, when customers charge their purchases they may be inclined to spend more, increasing the average purchase amount. Second, your sales will be electronically processed, so there's no need to handle cash or make frequent bank deposits. A credit card program is available for your business.
*The depositor is permitted to make no more than 6 transfers and withdrawals per month (or statement cycle of at least 4 weeks) by means of a pre-authorized or automatic transfer, or telephonic (including data transmission) agreement, order or instruction. No more than three of the six such transfers may be made by check, draft or similar order made by the depositor and payable to third parties.
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