Controlled Disbursement Reporting

Controlled disbursement reporting provides same-day early notification of the exact amount of the total check disbursement on your account. This information enables customers to determine their cash flow needs accurately in order to invest excess cash or minimize short-term borrowing. Consequently, you will be able to utilize surplus cash without being concerned about overdrafts.

BENEFITS:

• Increase control over funds by eliminating uncertainty of check clearings
• Reduce interest expense / increase interest income
• Allows a company to calculate its daily cash position early enough to take advantage of better market rates for investing or borrowing
• Identify excess funds which can be used for other business purposes