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All of PCBB’s Cash Management Services are accessed through Correspondent Bank Connection (CBC).
CBC is a secure, state-of-the-art, online cash management system designed and developed by banking professionals FOR banking professionals. PCBB respondents can monitor, track and retrieve daily account activity, view FRB activity and statements, access archived statements and individual transactions and initiate domestic and international wire transactions through easily navigated screens.
Additionally, CBC can also be a contingency and back-up service to FedLine online services such as wire transfers. CBC also provides compliance with regulatory retention requirements.
CBC users have the ability to pull up selected custom transaction history reports, reduce research time and eliminate the reliance on hard copies and excess paper.
Each institution designates a Security Administrator on CBC, who in turn has full access to the bank’s User Account Listing Report. This report reflects all user activity, authority levels for each user and monitors incorrect or failed logins.
The Features and Benefits of CBC:
- Secure account management
- Track and monitor Settlement and Fed Funds activity
- Automated sweep activity on your respondent account
- Impound/Escrow Account balance tracking for banks raising capital
- Comprehensive Domestic and International Wire capability
- Third Party Wire capability
- Account Analysis
- Online bank reporting
- No archival time limits on transactions, statements and reports
- Back-up system for wires for client’s using FedLine Advantage
- Dedicated technical support
Link below to learn more about the Banking Services we provide!
"PCBB offers a “one stop” shop that consolidates vital daily activities into a clear, easily administered function." ~ Thomas McArdle, Vice President/Cashier, National Bank of California, Los Angeles, CA |
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