Remote cash deposit
Deposit cash electronically into a secure, “smart safe.” Our cash-scanning technology makes cash handling easy and transmits a daily posting file that credits your account.
Remote cash deposit benefits
- Stores your money in locked cassettes until the next armored carrier pickup
- Reduces armored pickups from five to seven days a week to one to three days a week
- Consolidates depository banking relationships with a single U.S. Bank account
- Increases staff safety because they can’t access the safe
- Saves time counting cash and going to the bank
How it works:
- Day 1: Cash is deposited into the safe.
- Day 2: Posting file for Day 1 activity is sent to the bank and collected credit is given through Day 2’s posting process.
- Day 3: Deposit activity can be viewed using Previous Day reporting with SinglePoint®.
Cash vault services
Need to deposit or order large amounts of cash? Require a continuous inventory of coin and currency? We provide automated cash processing, secure delivery and accurate reporting.
Cash vault services benefits
- Automated deposit tracking from receipt to verification, allowing the cash vault to constantly monitor the status of your deposits
- Same-day credit for all deposits received by our established cash vault location deadlines
- Deposit verification within 24 hours of receipt, allowing for ongoing reconciliation of your cash flow
- Convenient, 24/7 cash ordering is available through the SinglePoint Cash Vault ordering service or by phone
- Enhanced security, including secured docks for delivery of your deposit by armored courier, video surveillance, counterfeit detection in all currency counting equipment, and dual-custody processing
- Receive current information online about your cash deposits, helping you manage your cash position
Branch cash services
Don’t have a cash vault nearby? Our branch cash services can process your cash deposits or provide coin and currency at your locations.
Branch cash services benefits
- Convenient access of more than 2,000 branches in 26 states nationwide
- Detailed coordination to determine which branches are closest to your stores and your cash needs so that this information is communicated to the branches you’ll be using
- Flexible options for processing that gives you the ability to decide how your cash deposits, adjustments and orders will be processed and delivered
- Safe and secure night-drop service* allows you to make deposits after regular banking hours.
*For terms of use, please refer to the Night Depository Service Standard Terms and Conditions.
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