Monies In The Operating Account Will Be Used To Pay Checks Presented For Payment In Two Controlled Disbursement
Primary disbursement vehicles were zero balance accounts, controlled disbursement
accounts and payable thru draft accounts.
When vendors want to stick with the tried and true, it can be helpful from a cash management perspective to put a controlled disbursement
system in place.
Pulte also elected to use a separate account for ACH payments, rather than running them through its controlled disbursement
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.
Products offered include various electronic payment products, account reconciliation, sweep accounts, controlled disbursement
and vault services.
ET from KeyBank, where the company has its controlled disbursement
Happily, the zero-balance controlled disbursement
account maintained by MMC made this change easy to implement.
Tenders are invited for Provide banking services includes zero balance accounts or controlled disbursement
with positive pay for all the district~s accounts the federal financial aid account and the general operating account, other banking supplies deemed necessary such as deposit stamps, MICR cartridges, etc.