The free service, CBT Mobile Deposit, is an easy-to-use feature that allows small business and personal banking customers to deposit checks from their iPhone®, Android™ smartphone or iPad®. The function is integrated into CB&T’s existing mobile banking applications, CBT Mobile Banking App and CBT Business Mobile Banking App.
While mobile check deposit is widely used among individuals, the service is not generally available to small businesses. CB&T has designed CBT Mobile Deposit to meet the needs of small business customers who typically benefit from processing payments quickly.
A majority of small businesses use electronic transaction processing. According to CB&T’s third annual small business survey, conducted in the spring of 2014, 68 percent of small businesses in California perform payment and deposit transactions via online and mobile banking services. The CBT Business Mobile Banking App allows customers to view account balances, deposit checks and review recent transactions in one convenient place.
"At CB&T we’re dedicated to expanding convenience banking by enhancing our mobile options for our customers throughout California, particularly for small businesses," said Steven Borg, senior vice president, corporate marketing director, CB&T. "We are investing in making banking easier for both our business and personal banking customers by providing the most up-to-date technology available."
The introduction of CBT Mobile Deposit is the latest technology enhancement offered by CB&T to deliver time-saving, 24-7 access to banking options and information. Earlier this year, CB&T introduced a new website for greater ease of customer interaction and fraud text alerts for real-time transaction verification.
"Small business owners have told us that managing their business and finances can be a challenge, especially given their busy schedules," added Borg. "They like the convenience of the online and mobile banking options provided by CB&T. The addition of CBT Mobile Deposit has made running their businesses easier by allowing them to quickly process receivables."
Customers can find information about the CBT Mobile Banking App and CBT Business Mobile Banking App by visiting calbanktrust.com/mobile or by searching "CBT Mobile Banking" or "CBT Business Mobile Banking" in the Apple App Store? or Google Play™ store. Customers using a phone not compatible with CB&T mobile banking applications can still access mobile banking by visiting m.calbanktrust.com for personal accounts or m.calbanktrust.com/biz for business accounts, on a web-enabled mobile device.
