Sovereign's Cash Services promptly and accurately handles the processing, verification, and crediting of cash deposits, and preparation of coin and currency orders.
Depending on the volume of cash your institution produces, Sovereign can also accommodate your cash deposit needs in either our Money Center or at a local branch.
Large volume coin and currency deposits are processed in our secure Money Center. Special processing requirements to meet your needs, such as envelope deposits, can be accommodated.
Through our easy-to-use automated telephone cash ordering system, our Money Center facility can provide you with the cash supply necessary to transact business. To ensure safe and rapid transportation of your deposits, we can supply you with a list of local armored carriers.
Money Center Alternative
Entities with smaller cash deposit volumes and amounts can be serviced through our vast network of Community Banking Offices
. These sites can also prepare small change orders as required.
Our Express Cash deposit method enables you to securely prepare small cash deposits in Sovereign Bank-branded, tamperproof, disposable plastic bags, which would be deposited through Night Depository vaults.