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Cash Concentration

Enjoy the convenience and safety of local deposit accounts with the benefit of consolidated funds.

Cash Concentration

Does your business have multiple locations? Do you make deposits at different banks? Do you find yourself wasting time manually monitoring your company’s balances? If so, then our Cash Concentration solution may be your answer.


Cadence Bank’s Cash Concentration solution allows you to centralize your cash from multiple accounts and banks into a combined account, enabling greater oversight and visibility into your cash position. This gives you the opportunity to focus on growing your business instead of spending time trying to manage funds in various accounts.


Automated Cash Concentration works in combination with multi-bank reporting, which is a file feed for non-Cadence accounts. You can set a balance threshold for those accounts. Once you go over that balance, the cash concentration debit will send out a request to debit the account at the other bank to bring it back to the desired balance. Then the account at Cadence will be credited.


Since this includes multi-bank reporting, you can view account history for your Cadence and non-Cadence accounts all in one place within AllegroSM.


Benefits of Cash Concentration:

With our Cash Concentration solution, you will be able to:


  • Keep your local business’s day-to-day processes the same since they can continue to deposit money at their local banks. Those deposits can then be transferred in an automated fashion into the centralized account with Cadence via ACH.
  • Make payments or investments as needed with readily available funds.
  • Eliminate idle balances in your various bank accounts.
  • Take advantage of an easy-to-use solution that ensures your funds and balances are secure.
  • Save time and money using ACH to transfer funds, instead of high cost wire transfers.
  • Reduce your need to borrow money since your cash will be available in one account.


Interested in learning more about how our cash concentration services can help your business? Contact us today to talk to one of our Treasury Management Officers.


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