Fraud Prevention Solutions

Electronic and check payment fraud, cyber security and other similar types of fraud have led to massive losses and major legal costs to many businesses. Minimize your risk of check fraud and the chances of having account information compromised with C&F Bank’s fraud protection services for businesses with:

Online Banking Tools

• Monitor your business account transactions daily.
• Use secure access codes and tokens.
• Set up customizable alerts.
• Define employee access levels.

Positive Pay

• Identify and flag suspicious or potentially fraudulent checks and choose whether you pay or return the check.
• Protect your business against altered and counterfeit checks with the ability to return checks within 24 hours.
• Quickly review the item with exception images provided to you.
• Keep funds in your account with timely return decisions.

Payroll Processing

• Pay your employees safely and securely—and avoid writing more checks!
• Disburse payroll through direct deposit and payroll cards.

ACH Control

• Control who is authorized to electronically originate debits to your account.
• Reduce fraud by only processing authorized debits.
• Save time and money by reducing labor associated with manual payment prevention measures.
• Stay in control for increased accuracy and greater management over cash flow.

Other Protective Measures

• Choose a specific office computer as your “banking workstation.” Use it only for your business banking and avoid any other kind of web browsing.
• Keep ani-virus and anti-spyware software up to date on your workstation.
• Monitor and balance your bank account(s) daily.
• Assign dual control for processing payments.
• Manage user IDs during employee turnover.
• Verify payment instructions received via email or text message by calling your company contact at the phone number you have on file - not the number in the email.

How do I get started?

Contact our Treasury Solutions department today at (757) 741-2244 or treasurysolutions@cffc.com.

Deposit Solutions

Collect payments and access deposits quickly with these hassle-free services.

Remote Deposit

• Scan and deposit checks into your account without leaving your desk, any time of day or night.
• Expedite your cash flow with same day funds availability.
• Save time and expense by allowing your staff to dedicate themselves to growing your business rather than making trips to the bank.
• Safe and secure web based service.

ACH Direct Payment

• Expedite cash flow by collecting customer payments electronically via ACH debits.
• Reduce delinquencies
• Enhance customer retention

Lockbox

• Automate your daily collections process
• Accelerate cash flow

Merchant Processing

• Customize your credit card processing program to suit your specific business needs with access to all major credit and debit card networks.

Night Deposit

• Deposit cash and checks after hours at a C&F Bank branch.
• Reduce risk of loss, expedite deposit processing and quickly convert your deposits into collected funds.

Cash Vault and Armored Car Service

• Keep your cash deposits secure and protect your personal safety with our cash vault service. We can arrange an armored car pick-up for your large cash deposits and simplify your cash orders.

How do I get started?

Contact our Treasury Solutions department today at (757) 741-2244 or treasurysolutions@cffc.com.

Payment Solutions

Uncomplicate the process of paying employees and vendors with our secure, timely payment systems.

Electronic Payments

• Wire Transfer
Initiate domestic and international wires online with our Cash Manager Plus service or at any one of our convenient bank locations.
• Send funds in U.S. dollars or select foreign currencies
• Customize authorized users to submit and approve wire transfers
• Approve wire requests from your mobile device
• Receive email confirmations when wires have been completed
• ACH origination
Initiate direct deposits to your employees and vendors through our Cash Manager Plus service.
• Pay employees and vendors by depositing funds directly into their checking or savings accounts.
• Decrease handling costs associated with processing and reconciling paper checks
• Reduce your exposure to fraud by eliminating paper checks
• Customize authorized users to submit and approve ACH Direct Deposits
• Approve ACH Direct Deposits from your mobile device
• Receive email confirmations when ACH Direct Deposits have been completed

Payroll Card

• Reduce payroll cost and increase your processing efficiency with reloadable prepaid cards.
• Make the most of this convenient, efficient, low-cost alternative to traditional paper checks.

Payroll Processing

• Pay your employees safely and securely—and avoid writing more checks!
• Disburse payroll through direct deposit and payroll cards.

Business Rewards Card

Learn More

Online Business Bill Pay

Learn More

How do I get started?

Contact our Treasury Solutions department today at (757) 741-2244 or treasurysolutions@cffc.com.

Liquidity Solutions

Make sure your money is working as hard as you are.

Loans and Lines of Credit¹

Finance your business with customized lending solutions to meet your specific capital needs.

Automatic Credit Line Sweep¹

Transfer available balances automatically from your credit line to your checking account as needed.

¹ Subject to approval

Cash Concentration

• Automatically transfer funds into one C&F Bank account from internal accounts for improved control and funds management.
• Manage external accounts via ACH Origination—funds settle the next day.

Statement Savings and Money Market Savings Accounts

Earn a competitive interest rate with these business-tailored savings accounts.

Learn More

Overnight Investment Sweep

• Sweep excess available funds from one or multiple checking accounts into C&F Bank Overnight Investment Account.
• Earn a competitive rate of interest.
• Invest in a Repurchase Agreement collateralized by U.S. Government, U.S. Government agencies or municipal securities held in safekeeping. (Not insured by FDIC or any Federal Government Agency.)

Zero Balance Accounts

• Gain greater control over payments and collections with linked accounts that automatically transfer funds to and from a primary operating account at the end of each business day.
• Automatically concentrate deposits and disbursements among “sub” accounts into or out of a single master account.

Overdraft Protection Options

• Overdraft Privilege^*
  • Save merchant charges by using Overdraft Privilege to cover your overdrafts so that your checks, debit card transactions, automatic payments and ATM withdrawals are paid.
• Overdraft Protection
  • Link another C&F Bank checking or savings account from which a transfer will be made to cover your overdrafts
• Business Easy Access Overdraft Line of Credit Learn More

How do I get started?

Contact our Treasury Solutions department today at (757) 741-2244 or treasurysolutions@cffc.com.

*Overdraft Privilege is a discretionary service.

International Solutions

When your business transactions go global, so does C&F Bank.

Foreign Currency

Visit any C&F Bank to place a currency order or sell back your excess foreign currency.

International Funds Transfers

• Send and receive global payments via wire transfer to meet the needs of your international business partners.
• Deliver payments in U.S. dollars or select foreign currencies.
• Settle funds received from foreign locations to your C&F Bank account in U.S. dollars.

Collection Services

• Deposit most checks denominated in a foreign currency or drawn on a foreign bank.
• Count on your C&F Bank branch for cost-effective and expedient processing through our international correspondent banking partners.

How do I get started?

Contact our Treasury Solutions department today at (757) 741-2244 or treasurysolutions@cffc.com.