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Remote disbursement

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Remote disbursement
Technique that involves writing checks drawn on banks in remote locations so as to maximize disbursement float.
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Though it's impossible to predict which checks those will be, the most likely candidates are large, remote disbursements, because they give banks the best chance to maximize availability gains.
Financing without float: speedy check clearing under the new Check 21 ... by Whipple, William / Grocery Headquarters
By adding fDX services, a bank can increase and accelerate client implementation of Treasury products and services by providing near-seamless, state-of-the-art file conversion and processing for Lockbox, ACH, BAI, Positive Pay, ARP, Wire Transfers, Loan Accounting, Remote Disbursements, Custom Reports, and more.
California Bank & Trust Partners with AP Technology to Provide ... by Business Wire
 
 
 
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