How It Works

Account Setup

BankIQ is responsible for vetting all applicants for our partner financial institutions. We provide each applicant with a comprehensive checklist of all corporate and financial documentation required. Our team assists you in organizing your information for presentation to our partner financial institutions.
Collect & Store Cash

Each of your locations will accept and store cash for daily sales activity in secure, technologically advanced cash handling equipment
Armored Cash
Extraction

An armored service provider arrives at each location to
extract cash that will be counted, verified, and processed to the financial institution’s cash vault for credit to the merchant’s bank account
Overnight Availability
of Funds

BankIQ’s proprietary software provides clients the ability to receive overnight credit for daily sales activity, posted nightly to the merchant’s DDA Account

Bank With Confidence

Apply Today

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Teresa M.
Las VegasNV

Our previous bank had high fees, horrible customer service, and gave us the “bare minimum”. BankIQ was a clear choice — saving us money and always going the extra mile to make sure we’re happy.
Ken G.
New YorkNY

Can’t say enough about just how happy we are that we switched to BankIQ. With previous banks we’d had, we had just come to expect a discontinuance letter at a certain point. Now we feel like we’re in good hands.
Richard F.
MiamiFL

BankIQ gave us the confidence to expand into additional locations — knowing that at the very least, our banking relationship would be something we could count on. Very helpful staff.