Effective cash flow management is as critical to your business as growing revenues and maintaining strong customer relationships. Whether you need comprehensive cash management services or an investment account for your business, Morgan Stanley can make it easier for you to manage your cash and maximize your working capital.
Morgan Stanley offers two business accounts:
The BusinesScape® Account is a powerful cash management tool for active businesses that integrates banking, brokerage and lending in one central account.
Specific features of this account are:
- BusinesScape Remote Deposit – A new, innovative service that allows eligible clients to deposit checks into their BusinesScape Account without ever leaving their office.
- Extensive business check writing privileges – up to 200 checks per month, free of charge, for BusinesScape Accounts. Checks can be customized with your company logo.
- BusinesScape Online Transaction Service – Make virtually all of your ACH payments including direct deposit of payroll, vendor payments, financial and state tax payments. Also used to transfer funds between your accounts at outside financial institutions and your BusinesScape account.
- MasterCard® BusinessCard®debit cards2 – up to 99 cards with individual limits can be issued on this account. Clients can choose from two debit card options.
- The Standard BusinessCard is a daily debit card that is included at no additional charge.
- The Platinum BusinessCard is a delayed debit card3 that comes with a host of additional services and insurance coverage as well as a rich rewards program. An annual fee applies for this card.
- Linked line of credit4 automatically draws from the line when needed and pays down from any excess deposits daily to lower interest charges.
- Payroll Services
- Lockbox Services
- Merchant Payment Services
The Business Active Assets Accountsm provides brokerage services for businesses with excess capital or longer-term investment needs. This account has a smaller set of capabilities, which allow you easy access to funds:
Specific features of this account are:
- Business check writing – one check per month free, each additional check written will incur a $1 fee
- MasterCard BusinessCard debit cards – up to two cards can be issued on this account
Both accounts provide these valuable benefits:
- An automatic investment sweep that keeps your cash working harder. At the end of each business day, the cash in your account is automatically invested in a money market fund5 that you choose. Certain not-for-profit entities have an additional choice to sweep to FDIC insured bank deposits.
- World-class financial services to help you meet the challenges ahead. Through your Morgan Stanley Financial Advisor, you get access to a wide range of investment opportunities, including stocks, bonds, mutual funds and variable annuities.1
- A consolidated statement that makes it easy for you to review and monitor your account activity each month. An extensive Annual Summary consolidates and categorizes your annual activity in an easy-to-read format.
- Round-the-clock online access to account information so you can monitor your account activity via the phone or Internet, it's up to you.
Morgan Stanley also provides these specialized services:
1. The money market fund prospectus is available from your Morgan Stanley Financial Advisor. You should read the prospectus for more complete information, and consider the investment objectives, risks, charges and expenses of the fund carefully before investing.
2. These cards are debit cards, not credit cards. The BusinesScape account is a brokerage account with Morgan Stanley & Co. Incorporated, a registered broker-dealer. It offers access to debit cards, check writing, and payroll and lockbox services through licensed banks and other third parties.
3. Cash advances and ATM transactions are debited as they occur. Local ATM fees will apply.
4. Upon credit approval.
5. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.
Morgan Stanley is a registered broker-dealer, not a bank. Where appropriate, we have entered into arrangements with licensed banks to assist us in offering certain services to you, such as lockbox services, debit cards, checkwriting, payroll services and more.
Compensation received by Morgan Stanley in connection with services offered through the BusinesScape program, including compensation received from third parties for referrals, will be shared with your Financial Advisor. Ask your Financial Advisor for additional information about how Morgan Stanley, its affiliates and your Financial Advisor are compensated. Morgan Stanley is part of a diversified financial institution with many affiliates. Morgan Stanley and its affiliates provide brokerage, portfolio management, execution and other financial services to many individual and business clients around the world. In addition, we act as principals in various markets.
BusinesScape is a service mark of Morgan Stanley.
Investments and services are offered through Morgan Stanley & Co. Incorporated, member SIPC.
© 2007 Morgan Stanley. All rights reserved
MasterCard and MasterCard BusinessCard are registered trademarks of MasterCard
International Incorporated.
