Learn about SVB

Find out who SVB is and how we work with them to handle payments over Cut+Dry.

SVB stands for Silicon Valley Bank

Innovative Financial Institution: Silicon Valley Bank (SVB) specializes in providing financial services tailored to the needs of startups, technology companies, and venture capital firms, making it a key partner for innovation-driven businesses.

Comprehensive Banking Solutions: SVB offers a wide range of services, including business banking, lending, investment solutions, and cash management, designed to support businesses at all stages of growth.

Global Reach and Expertise: With a deep understanding of the technology and life sciences sectors, SVB operates globally, helping companies scale internationally while providing valuable market insights and networking opportunities.

Setup:
No setup is required to use SVB for ACH transactions. Simply add your bank account in the Pay Settings, and Cut+Dry will handle the rest.

Fees:
There are no additional fees for using SVB, aside from the standard invoice fees.

Transaction Time:
ACH transactions typically take 5-7 business days to process, though the timeframe may be shorter.

Deposits:
Both ACH and credit card payments processed through Cut+Dry are deposited together as a single batch.

For more information on how to set up service with FTNI, refer to Set up Cut+Dry Pay.