Cash Management Services For Non-Profits

Onsite CheckPass®

•

ACH Services

•

Lockbox Services

•

Wire Transfers

•

Overnight Sweep Account

•

Easy Escrow

Univest has comprehensive Cash Management Services including:

Onsite CheckPass®

Deposit all of your business' check items right from your desktop with Univest's Onsite CheckPass® - Your VIP pass to bypass the line.

Say goodbye to deposit lines and hello to Onsite CheckPass®, the easy-to-use and convenient new way to deposit your business' checks. Onsite CheckPass® allows you to:

Scan your daily check items and transmit the images to Univest for deposit –daily, hourly, whenever you want - right from your office computer
Increase your business’ efficiency
Eliminates need to transport checks to the bank
Safe and secure for depositing funds
Extra quality control to ensure the deposits are accurate
Easy to install

Find out how Univest's remote deposit banking service can change the way your business banks. Call 484.931.2608 or email cashmanagement@univest.net to learn more.

To Top

ACH Services

Our ACH services provide your business with the ability to help speed and simplify your deposit collecting and payment process, including direct deposit of your payroll.

Enables you to create electronic transfers to or from accounts of other companies or individuals, directly from your business account. It's a low cost alternative for the collection of recurring payments, such as fitness club dues, monthly rental fees, tuition payments, etc…
Directly deposit your employee's payroll, thereby reducing payroll costs and reconciliation time.
ACH origination access methods include Anytime Online Business Banking, payroll vendor initiation or directly from your company to the Bank.

We invite you to discover the difference a OneOnOne^SM business banking relationship can make for you and your business. To learn more, or to speak with your OneOnOne^SM business banker, email, call 1.877.723.5571 or visit any one of our convenient Financial Service Centers located throughout Bucks and Montgomery Counties.

To Top

Lockbox Services

Our Lockbox Services provide your business with an automated way of collecting outstanding receivables, which maximizes cash flow and reduces your in-house book-keeping.

Account remittances are mailed to a bank designated P.O. Box.
Mail is sorted and all payments are deposited to the business specified checking account.
Funds are available faster, as checks received are expedited for collection.

To Top

Wire Transfers

Wire transfers provide a means of sending or collecting guaranteed funds, either domestically or internationally. Transferred funds are available upon receipt and are immediately credited to, or debited from, an account.

To Top

Overnight Sweep Account

Enables businesses to maximize its cash flow by automatically investing its excess funds overnight into interest bearing securities.

Univest automatically “sweeps” your excess checking funds into higher paying, repurchase agreements on a daily basis.
You can invest excess cash and have access to it at any time.
You can combine balances from several checking accounts to help meet the threshold requirements to transfer money to the Repurchase Agreement.
Your interest money will automatically be reinvested in your repurchase account.
In addition to your regular business checking account statement, you will receive a detailed monthly statement of repurchase activity, including interest earned for easier reconciling and filing income taxes.

To Top

Easy Escrow

An account to help businesses manage individual escrow accounts. Ideal for realtors, attorneys, property managers and title companies.

Easy Escrow I

Designed for real estate professionals that frequently handle escrow funds.

Receive a free checking account with standard business checks for disbursement of escrow funds only.
Univest takes care of all the tax reporting on your escrow accounts.
With one telephone call, your escrow funds will automatically be transferred from the depositor's savings account into your checking account. These telephone transfers are free.

Easy Escrow II

An account package for real estate brokers who manage rental units, property management companies and apartment complex managers.

Provides automatic record keeping, maintenance and tax reporting for rental property escrow deposits for businesses thereby reducing the amount of time spent on maintaining rental property escrow accounts.
With one telephone call, your escrow funds will automatically be transferred from the depositor's savings account into your checking account. These telephone transfers are free.
You will maximize your interest earnings because Univest keeps track of the move-in dates of your tenants and posts interest to the correct account.
Univest does the 1099 tax reporting for the property manager and tenants.

Easy Escrow III

An account package for real estate attorneys who manage commercial units, real estate brokers who manage commercial units and property management companies.

Provides automatic record keeping, maintenance and tax reporting for commercial escrow deposits.
Univest keeps track of interest automatically and posts the interest to the appropriate account.
Univest does the 1099 tax reporting for the property manager and tenants.

To Top