Business requires analysis.
As businesses grow their banking relationships become more complex. Shouldn’t you have an account that grows with your
business and rewards you for keeping higher balances?
Account analysis makes managing your business accounts and services easy while leveraging your balances to offset the cost
of the services you use. Complexity made simple.
Sterling's account analysis system calculates and reports your monthly activity and charges to give you a complete month-end
snapshot of your banking relationship. Your analysis statement summarizes monthly account balance information in addition
to providing you with a detailed listing of your monthly activity charges, categorized by related service. Your monthly
statement will show:
- Average daily account balances maintained in your analyzed accounts
- Activity charges for the services you used during the month
- Deposit float and reserve requirements
- The earnings credit allowance available to offset activity fees
- Collected balances required to avoid service charges
If the earnings credit allowance calculated on your positive pay balance available is greater than your activity charges, you
will not be charged any fees. If your earnings allowance does not cover the cost of the services used, Sterling will automatically debit your designated analyzed billing account.
It is important to note that the earnings credit allowance is not a payment of interest, and will not be
credited to your account. It can only be used to offset service fees.
- Provides you with a detailed monthly overview of your account balances and activity
- Allows you to offset service charges with an earnings credit on your average positive balance
- Multiple accounts can be analyzed together, leveraging combined balances to help offset
the cost of services
- Enables you to monitor service charges and determine the necessary balance requirements to offset service fees
- Delivers information which helps you to quickly evaluate the use of available funds
- Strengthens your cash management control
Let our Treasury Management experts perform a little analysis of their own to determine if account analysis is a good fit
for your business. What have you got to lose but a little complexity?
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