Deposit & Cash Management

Deposit Management is a comprehensive service which addresses the complex financial needs of individuals, and small to medium sized practices, clinics and healthcare centers. Based on an in-depth understanding of each client situation, Boston Private Bank develops customized solutions to maximize cash positions, using the appropriate combination of checking and money market account and short-term investments. Professional Banking and Personal Banking Full range of business and personal deposit accounts-checking, money market, savings, CD’s Cash Management Funds Transfer Services, Online Banking Services, Sweep Accounts, Lockbox services, Foreign Exchange Services, Escrow Accounts NEW: Remote Deposit Remote Deposit-is a remittance service for business clients. It is designed to reduce the time needed to prepare and deposit checks by allowing a business to make deposits directly from its office. Practices that utilize Remote Deposit can also realize improved availability of funds. Checks can be deposited as soon as they are received. The reduction in transportation time can lead to accelerated clearings and potentially faster access to cash—both of which result in improved cash flow for your practice. Special PIAM Member Benefit FREE access to over 800,000 ATM’s. We will reimburse the ATM assess fees imposed by other financial institutions. Online Banking Log-in Investments are not FDIC insured, are not a deposit, have no bank value, and may lose value.