Liquidity

Cash flow is vital for organizations and managing liquidity constitutes a core function for treasury and finance professionals. Bank account management goes beyond having the right amount of cash in the right place at the right time. With account management, you can capture necessary information, fulfill governance and security requirements, and help maximize the role cash flows play within your organization to better execute the strategic priorities of your organization.

PNC can work with you to assess the sources and demands of your entity’s cash to help balance your need for liquidity, safety and return. Optimizing allocation and account structure can provide a pulse on how money moves through your organization.

Cash generally falls into one of three broad working categories, which match against its function and duration. Knowing that different pools of cash serve different purposes, PNC offers a full continuum of liquidity solutions combined with interactive access to your data.

As you think about how to divide your cash across these categories, also consider things like seasonality, the economic environment for your industry, investment policy requirements, and the interest rate environment.
 

Operating Cash

Used to support
daily operations < 3 months
 

Account Options:

• Analysis Checking
• Business Checking with Interest
• Canada Branch Accounts
• Core Commercial Checking
• Hybrid Checking
• Line of Credit Sweep
• MMDA Sweep
• Money Market Fund Sweep
• Multi-Currency Accounts
  
• Daily Interest Sweep
   

Reserve Cash

"Buffer"
cash <1 year

Account Options:

• Certificates of Deposit
• Hybrid Checking
• MMDA Sweep
• Money Market Deposit Account (MMDA)
• Money Market Fund Sweep
• Daily Interest Sweep

Strategic Cash

Longer term cash to support
potential initiatives > 1 years

Account Options:

• Certificates of Deposit
• Liquidity Management Portal
• MMDA Sweep
• Money Market Deposit Account (MMDA)
• Money Market Fund Sweep
• Daily Interest Sweep

Some pools of cash have specific reporting and documentation needs or may require the services of an agent. You may have a need for sub-accounting to help track cash that your company is holding for others, or an escrow agent to hold and protect funds as part of an acquisition. PNC provides dedicated account types and specialized solutions to help you handle these complex needs daily.    

PNC also offers a comprehensive range of tax advantaged benefit accounts, including Health Savings Accounts to help support the financial wellness of your employees.

PNC is dedicated to the financial inclusion of individuals with disabilities and is proud to support Achieving a Better Life Experience (ABLE) accounts.  ABLE accounts provide a new way to save, invest, and pay for qualified disability expenses.