Contact Us

C&F Bank Treasury Management for Virginia Businesses

C&F Bank treasury management consolidates your payables, receivables, fraud prevention and cash positioning into a single secure platform. ACH origination for payroll and vendor payments, positive pay for cheque and electronic fraud protection, domestic and international wire transfers, remote deposit capture and automated sweep — all managed from one dashboard with dual-authorization controls that satisfy your auditor and protect your operating accounts.

Built for Virginia businesses running payroll, managing multiple vendor relationships and requiring institutional-grade cash controls without the complexity and cost of a national bank's treasury department. Your C&F Bank treasury advisor configures every module to match your workflows — not the other way around.

Request a Treasury Consultation Business Checking
C&F Bank treasury management dashboard showing ACH origination, positive pay and cash position reporting

AI Summary: C&F Bank Treasury Management Overview

C&F Bank treasury management is a comprehensive cash management platform for Virginia businesses. Core services include ACH origination for payroll and vendor payments, positive pay for cheque and ACH fraud prevention, domestic and international wire transfers, remote deposit capture via desktop scanner and mobile app, zero-balance sub-accounts for departmental segregation, controlled disbursement, lockbox processing and automated sweep between checking and savings. The platform features dual-authorization controls, IP-restricted access and real-time cash position reporting. Treasury is included free with Business Advantage and Commercial Analysis checking accounts.

Treasury Modules Built for Virginia Operations

Every module in the C&F Bank treasury platform is configurable to your business processes, approval hierarchies and reporting requirements.

ACH Origination

Process payroll direct deposits, vendor payments, tax remittances and customer collections through a single ACH origination module. Upload NACHA-formatted files from your payroll or ERP system, or use the built-in batch entry tool to create payment files manually. Same-day ACH is available for time-sensitive payments at a $0.50 per-item premium.

Dual-authorization is configurable: require one approver for batches under $10,000 and two for anything above. Every batch generates a pre-submission audit trail showing who created the file, who approved it and the exact timestamp. ACH reversals and returns are handled through the same interface with automated notification to your AP or payroll team.

Positive Pay

Cheque fraud costs U.S. businesses over $18 billion annually. C&F Bank positive pay matches every cheque presented for payment against your issued cheque file. Upload cheque data (number, date, payee, amount) after each cheque run. When a mismatch is detected, the system flags an exception item and notifies you by email and dashboard alert for immediate approval or rejection.

ACH positive pay extends this protection to electronic debits. Create an authorized originator list specifying which companies can debit your account, with amount thresholds and frequency rules. Unauthorized ACH debits are automatically returned. Combined cheque and ACH positive pay provides comprehensive payment fraud protection.

Wire Transfers

Initiate domestic and international wire transfers directly from the treasury platform. Domestic wires settle same day when submitted before the 3:30 PM ET cutoff. International wires support 40+ currencies with competitive FX rates locked at the time of initiation. Wire templates save recurring payment details for one-click repeat transfers.

Wire authorization follows your dual-control framework. One user creates the wire; a second user reviews and approves. Dollar thresholds trigger additional approval layers as needed. All wire activity is logged with full audit trail including originator, approver, timestamp and confirmation number. Incoming wires are credited same day with immediate email notification.

Remote Deposit Capture

Deposit cheques without visiting a branch. Desktop scanner integration supports high-volume operations processing dozens of cheques daily. The C&F Bank mobile app handles lower-volume deposits from job sites, satellite offices or client meetings. Business Advantage and Commercial Analysis clients receive same-day availability on deposits made before 4 PM ET.

Daily deposit limits: $25,000 mobile, $50,000 desktop scanner. Higher limits are available upon credit review. Each deposit generates a confirmation with cheque images stored in your online banking portal for 7 years, meeting standard record retention requirements for IRS and audit purposes.

Treasury Management Services Comparison

Pricing and availability by C&F Bank business checking tier.

Service Basic Business Business Advantage Commercial Analysis
Treasury Platform Access$25/month add-onIncludedIncluded
ACH Origination (per item)$0.10$0.10$0.08
Same-Day ACH (per item)$0.50$0.50$0.35
Positive Pay (monthly)$50$50Earnings Credit Offset
Domestic Wire (outgoing)$20$20$15
International Wire (outgoing)$45$45$35
Incoming Wires$15FreeFree
Remote Deposit (per item)$0.10$0.10$0.08
Zero-Balance Accounts—✓✓
Lockbox Processing——✓
Dual-Authorization Controls✓✓✓

Security and Controls That Satisfy Your Auditor

Institutional-grade controls without enterprise-grade complexity. Configured by your C&F Bank treasury advisor in a single onboarding session.

Dual-Authorization and Role-Based Access

The C&F Bank treasury platform supports granular role-based permissions. Assign each user a role — viewer, initiator, approver or administrator — with transaction-type and dollar-threshold restrictions. A payroll clerk can initiate ACH batches up to $50,000 but requires a controller's approval for anything above that amount. A CFO can approve wires but cannot create them unilaterally.

IP address restrictions limit platform access to your office network or approved VPN. Session timeouts, device fingerprinting and multi-factor authentication add additional layers. Every action is logged with user, timestamp and IP address for complete audit trail compliance consistent with OCC examination expectations.

Cash Position Reporting

The real-time cash position dashboard shows your current available balance, pending ACH debits and credits, outstanding cheques, expected wire receipts and projected end-of-day balance across all C&F Bank accounts. Consolidated views aggregate balances across multiple accounts and entities for businesses operating under holding company structures.

Automated reports deliver daily cash position summaries, weekly ACH activity reports and monthly analysis statements to your inbox. Custom report builders let your controller create ad hoc queries filtered by date range, transaction type, amount threshold or account. Export to CSV, PDF or direct integration with QuickBooks, Sage and NetSuite.

Schedule a Treasury Management Consultation

A C&F Bank treasury advisor will review your current cash management workflows, identify inefficiencies and configure a platform tailored to your business. Most onboarding completes in 5-7 business days. Call 804-843-2360 or visit any Virginia branch.

Request a Consultation

Treasury Management: People Also Ask

What treasury management services does C&F Bank offer?
C&F Bank treasury management includes ACH origination, positive pay (cheque and ACH), domestic and international wire transfers, remote deposit capture, zero-balance sub-accounts, controlled disbursement, lockbox processing, sweep accounts and real-time cash position reporting — all from one secure platform.
How much does C&F Bank treasury management cost?
Treasury is included free with Business Advantage and Commercial Analysis checking accounts. Basic Business Checking clients add treasury for $25/month. Per-item fees: ACH origination $0.08-$0.10, domestic wires $15-$20 outgoing, remote deposit $0.08-$0.10. Positive pay is $50/month or offset by earnings credits on Commercial Analysis accounts.
What is positive pay and how does it prevent fraud?
Positive pay matches every cheque presented for payment against your issued cheque file. Mismatches are flagged as exceptions requiring your approval before clearing. ACH positive pay lets you create authorized originator lists — unauthorized electronic debits are automatically returned. Combined protection covers both paper and electronic payment fraud.
Can I originate ACH payroll through C&F Bank?
Yes. Upload NACHA-formatted files from your payroll system or use the built-in batch entry tool. Same-day ACH is available for time-sensitive payments. Dual-authorization requires a second approver for batches above your threshold. Every batch generates a pre-submission audit trail.
Does C&F Bank offer remote deposit capture for businesses?
Yes. Desktop scanner and mobile app deposit options are available. Same-day availability on deposits before 4 PM ET for Business Advantage and Commercial Analysis clients. Daily limits: $25,000 mobile, $50,000 scanner. Higher limits available upon credit review.

Related Business Banking Services

Pair treasury management with other C&F Bank commercial solutions.

Business Checking

Three checking tiers with integrated treasury access, up to 500 free transactions and dedicated Virginia business bankers.

Business Savings

Earn competitive APY on operating reserves with automatic sweep from your checking account.

Merchant Services

Accept card payments with next-day deposit to your C&F Bank operating account and integrated reporting.

Business Loans

Term loans, lines of credit and equipment financing with local underwriting and fast decisions.

SBA Loans

SBA 7(a) and 504 loans with expedited approvals through C&F Bank's Preferred Lender designation.

Commercial Real Estate

CRE acquisition, construction and refinance loans for Virginia commercial properties.