Controlled Disbursement Accounts
Reduce interest expense or increase interest earnings with Controlled Disbursement Accounts
Knowing how much money you will disburse in a given day is an important element in controlling cash flow.
Controlled disbursement is designed to maximize your cash flow by allowing you to precisely fund transactions daily, rather than maintaining high balances in your disbursement accounts.
Each morning, you are notified of the total dollar amount that will present on your account that day, plus you can monitor activity online throughout the day. This improves cash management by helping you determine your cash position early in the day, allowing you to maximize overnight investments and minimize short-term borrowing.
Through the use of a Zero Balance Account, you will not have non-productive balances in your account. Your disbursement account is automatically funded from your master account as checks are presented for payment.