Bank Pricing Data - Level II

AFP is now giving members access to average prices charged by banks for nearly 200 frequently-used cash management services. This information, which is provided by Informa Research Services and available exclusively to AFP members, will help finance professionals benchmark the competitiveness of the prices offered to them in response to requests for proposals (RFPs) and the prices appearing on their organizations' account analysis statements.

Pricing information is available for services related to commercial checking accounts, cash services, zero balance accounts, automated clearing house (ACH), account reconciliation, controlled disbursement accounts, sweep accounts, information reporting, imaging services and wholesale lockbox. Armed with this knowledge, finance professionals will be better prepared to effectively manage bank relationships and control bank compensation spending.

Level II pricing averages are available for a total of 180 bank services (including the 40 services included in Level I). Average prices are available for the large corporate market at the national level, and for middle-market and small businesses at the national and regional levels. Pricing averages are updated quarterly. For $450, AFP members can access Level II pricing averages for a full year.

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How does Level II differ from Level I? Compare and contrast the data offered at each level.

• Learn more about Level III data.