Business Checking
What are the ways you can avoid the monthly service fee on a BB1?
Keep $25,000.00 average daily ledger balance
What is the initial opening deposit required for a Business Money Market account?
$25,000.00
Name a benefit of having a business credit card.
Fraud protection/Rewards/Cashflow
How many free TM services does a business customer get with a BBIII?
zero
Why is it important that a business has fraud services?
Provides them full control and business aren't protected under reg E the same way consumers are.
Which account would I need to open to avoid a currency fee if I deposit $7000.00 per month in cash?
Business Banking1
What is the 12 month business CD rate?
3.50%
Which of our business credit cards has an annual fee and how much is it?
Premium Reward business Card/$95 free the first year.
When would you recommend remote deposit capture?
What is the cut off time for Remote deposit capture for same day processing?
7pm
What checking account is best for small non-organizations
Core checking
What is the FDIC insurance limit for a business account?
$250K
What is the minimum to maximum amount a business customer can get for a check line reserve?
$500 min to $10k Max
What is the difference between positive pay and reverse positive pay?
positive pay is proactive and reverse positive pay is reactive
What would a perfect referral from FSR/Sr SSR look like to FSM?
Need identified-customer has interest-warm hand off/appt set
How many items can you process on a BBIII with no transaction fee?
750
Name a benefit of business Money Market?
earn more interest/liquidity
What business credit card offers 0% intro APR for 12 months?
No Rewards
What is the cut-off time for a customer to make decisions on their positive pay items?
12:30 pm
What is your FSM's industry focus?
Non-Profit/Professional/Hemp/High-end boutique/Attorney
What is the ideal customer to refer over to your FSM for and analysis checking account?
If the customer keeps over 500K in their checking account and needs a full suite of services.
Give me a senecio where we can offer a business client consumer rates?
When does a P Card benefit a business customer?
When they have an annual spend of 1m
What customer would benefit from smart safe?
Cash Heavy businesses
Share a fun fact about FSM?
:)