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Commercial Banking
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Cash Management
Cash Concentration
Balance Management
Balance Consolidation
Electronic Cheque Services
 

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Cash Concentration

Receiving value, tracking and reconciling receipts from field offices or remote agents are critical components of effective cash management. Our Consolidated Cash Plan service helps you combine deposits in Canadian or U.S. funds from field office representatives, customers or other authorized agents, through any domestic Scotiabank branch.

  • Maximize cash resources by immediately crediting your central account.

  • Access optional electronic reporting through ScotiaConnect® Online Banking.

  • Deposit serial number options to facilitate your deposit reconciliation.

  • Link Night Deposit and Lockbox Services with Consolidated Cash Plan for seamless funds collection.

  • Receive immediate value on deposits at Scotiabank branches or other financial institutions in Canada.

  • Accelerate cash flow by receiving Canada and U.S. Dollar deposits through any financial institution in Canada.

Detailed Product Sheet [PDF: 532kb]

If a Scotiabank branch is not available locally, authorized company agents can make deposits at any other Canadian financial institution and transfer the funds with a toll-free fax or interactive voice response system for immediate credit to your account.

For more information about our Consolidated Cash Plan please contact us.



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