When does a Treasury Management opportunity typically occur?

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A Treasury Management opportunity typically arises when a business opens or moves a deposit account because this process often involves discussions around managing the company's cash flow and optimizing its banking services. During account setup or transition, businesses are likely to assess their treasury management needs, such as cash concentration, payment processing, fraud prevention, and liquidity management. Engaging with treasury management solutions at this stage can lead to enhancing the efficiency of financial operations, reducing risk, and potentially opening avenues for additional banking services that the business may not have previously considered. This context solidifies the importance of treasury management in aligning banking capabilities with the business's financial strategy during significant banking events like opening or moving an account.

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