Remote cash deposit

Deposit cash electronically into a secure, “smart safe.” Our cash-scanning technology makes cash handling easy and transmits a daily posting file that credits your account.

Remote cash deposit benefits

  • Stores your money in locked cassettes until the next armored carrier pickup
  • Reduces armored pickups from five to seven days a week to one to three days a week
  • Consolidates depository banking relationships with a single U.S. Bank account
  • Increases staff safety because they can’t access the safe
  • Saves time counting cash and going to the bank
     

How it works:

  • Day 1: Cash is deposited into the safe.
  • Day 2: Posting file for Day 1 activity is sent to the bank and collected credit is given through Day 2’s posting process.
  • Day 3: Deposit activity can be viewed using Previous Day reporting with SinglePoint®.

Cash vault services

Need to deposit or order large amounts of cash? Require a continuous inventory of coin and currency? We provide automated cash processing, secure delivery and accurate reporting.

Cash vault services benefits

  • Automated deposit tracking from receipt to verification, allowing the cash vault to constantly monitor the status of your deposits
  • Same-day credit for all deposits received by our established cash vault location deadlines
  • Deposit verification within 24 hours of receipt, allowing for ongoing reconciliation of your cash flow
  • Convenient, 24/7 cash ordering is available through the SinglePoint Cash Vault ordering service or by phone
  • Enhanced security, including secured docks for delivery of your deposit by armored courier, video surveillance, counterfeit detection in all currency counting equipment, and dual-custody processing
  • Receive current information online about your cash deposits, helping you manage your cash position

Branch cash services

Don’t have a cash vault nearby? Our branch cash services can process your cash deposits or provide coin and currency at your locations.

Branch cash services benefits

  • Convenient access of more than 2,000 branches in 26 states nationwide 
  • Detailed coordination to determine which branches are closest to your stores and your cash needs so that this information is communicated to the branches you’ll be using
  • Flexible options for processing that gives you the ability to decide how your cash deposits, adjustments and orders will be processed and delivered
  • Safe and secure night-drop service* allows you to make deposits after regular banking hours.
    *For terms of use, please refer to the Night Depository Service Standard Terms and Conditions.
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Disclosures

Deposit products are offered by U.S. Bank National Association. Member FDIC.

A credit-worthiness review is required for all customers to determine eligibility for Remote Cash Deposit.

Eligibility requirements, restrictions, and fees may apply. See a business banker for details.