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Controlled disbursement

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Controlled disbursement
A service that provides for a single presentation of checks each day (typically in the early part of the day).


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Monitor disbursement clearing time and consider consolidating controlled disbursement endpoints into one that offers the highest level of reporting and funding accuracy and earliest available presentment times.
Treasury checks, consumer checks, business checks, money orders, controlled disbursement checks, payable through drafts, and traveler's checks.
Hunter said online services such as bill pay, Internet wire transfers, check fraud detection, controlled disbursements and other cash management services were somewhat more popular with larger businesses than small.
 
 
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