Cash Today by Banco Guayaquil is designed for businesses seeking a faster, more secure way to manage cash. This solution utilizes smart vaults connected to Banco Guayaquil’s system, offering direct deposits to your business current account.

With this tool, there is no need to wait for physical cash collection services. Businesses can deposit cash securely and see their funds reflected instantly in their accounts—ideal for companies with a high volume of cash handling. While detailed interest rates and specific terms are not disclosed, the main advantage is improved liquidity and real-time account balance updates.

How to Apply for Cash Today

1. Contact Banco Guayaquil’s business service or visit their business portal.
2. Request to integrate the Cash Today system with your business location.
3. Coordinate installation of smart vaults on your business premises.
4. Set up your account for direct deposits and train staff if necessary.
5. Start depositing cash directly to your Banco Guayaquil current account.

Key Pros of Cash Today

Cash Today stands out for security as cash goes directly from your register to your bank account, reducing risks of theft or loss.

Another benefit is liquidity. Your funds are available nearly instantly, so you can manage company finances more efficiently and seize new business opportunities quickly.

Potential Cons to Consider

One notable drawback is that this service is limited to clients of Banco Guayaquil, which restricts flexibility if you use multiple banks.

Additionally, there may be installation and monthly service fees, which could increase costs for small businesses with lower cash volumes.

Verdict: Is Cash Today Worth It?

For businesses in the ES region handling frequent cash transactions, Cash Today by Banco Guayaquil can be a valuable tool. It accelerates cash flow and improves on-premise security. However, consider your company’s cash volume and banking preferences to ensure it’s the right fit.