Treasury
Coming soon · USManage the money from your sales.
Set aside money for expenses and refunds, earn yield on idle cash and pay vendors from your USD balance.
Treasury isn't available yet. It will launch for businesses in the US.
Preview of the upcoming treasury dashboard showing a USD balance split across operating, reserve, yield and tax accounts, yield earned on idle balances and scheduled transfers.
Total balance · 4 accounts · USD
$4,119,771.40
$12,480.22 earned this month
Yield on idle balances · example rate
4.12% APY
Scheduled
- September payrollSep 30 · ACH−$482,000.00
- Tax reserve sweepSep 30 · Internal10%
- Forma LabsOct 1 · ACH−$38,200.00
- Yield payoutOct 1 · Monthly+$12,480.22
- Accounts for every purposeSplit your balance into operating, reserve and tax accounts.
- Yield on idle cashSweep what you don't need for operations into yield each night.
- Payouts and billsPay vendors, contractors and payroll from the same balance.
- Insured depositsFunds held at Cross River Bank, Member FDIC.
Accounts for every purpose
Separate accounts for operating, reserve and tax
Give every dollar a job the moment it lands. Rules route each payout into operating, reserve and tax accounts, and sweep what you don't need into yield.
Operating account
Parcelcode Inc. · ••4410
$1,565,533.15
Where your payouts land. Pay vendors, contractors and payroll from here, and keep only what you need on hand.
- Account holder
- Parcelcode Inc.
- Routing number
- 110000000
- Account number
- 000123454410
Rules
- Receives every payoutWhatever is left after your other rules run
- Keeps a $250,000 targetAnything above it is swept to Yield each night
- Operating$8,500
- Reserve$500
- Yieldswept
- Tax$1,000
Yield on idle cash
Yield on cash you're not using
Set how much stays in Operating. Everything above it is swept into Yield each night and moves back when you need it.
Keep in Operating
Estimated yield over 12 months
$30,900
About $2,575 a month on $750,000 at 4.12% APY
| Month | Cumulative yield |
|---|---|
| Oct | $2,528 |
| Nov | $5,064 |
| Dec | $7,608 |
| Jan | $10,162 |
| Feb | $12,724 |
| Mar | $15,294 |
| Apr | $17,873 |
| May | $20,461 |
| Jun | $23,058 |
| Jul | $25,663 |
| Aug | $28,277 |
| Sep | $30,900 |
- Typical checking account
- $75 / year
- Extra with Yield
- +$30,825
Illustrative only, using an example rate. Treasury isn't available yet, and the actual rate will be shown before you opt in.
Payouts and bills
Pay vendors and contractors from your balance
Vendors, contractors and payroll come out of your Operating account. Every payment is approved, sent and matched without leaving Pandabase.
$1 per ACH payment
Design retainer · INV-2291
Forma Labs
$38,200.00
- From
- Operating ••4410
- Method
- ACH
- Arrives
- 1–2 business days
- Fee
- $1
Bill added
Approved
Sent
Reconciled
Forma Labs, $38,200.00. Needs approval.
- A list of bills to payUpload invoices or add payees once, then pay them on schedule.
- Approvals built inLarge payments wait for a second person before they go out.
- Batch payoutsPay every contractor at once from a single CSV.
Insured deposits
Where your money is held
Your Treasury balance is held at a partner bank, not on our books. Here's exactly what FDIC insurance covers, and what it doesn't.
- Held at Cross River BankYour balance sits with Cross River Bank, Member FDIC.
- Up to $250,000Per depositor, per insured bank, for each account ownership category.
- Pandabase is not a bankInsurance protects against the bank failing, not against Pandabase failing.
Coverage check
What if
- FDIC insured
- $250,000
- Not FDIC insured
- $750,000
If Cross River Bank fails, FDIC insurance covers eligible deposits up to $250,000 per depositor, per ownership category.
Pandabase is not a bank. Customer funds are held at Cross River Bank, Member FDIC. FDIC insurance covers eligible deposits up to $250,000 per depositor, per insured bank, for each account ownership category, and only protects against the failure of Cross River Bank. Learn about FDIC coverage.
FAQ
Frequently asked questions
Answers about Treasury, yield and how your money is held. Ask us anything else.
Treasury is coming soon for businesses in the US. It isn't available anywhere yet. Join the waitlist and we'll let you know when it opens.