Remote disbursement

Remote disbursement

Technique that involves writing checks drawn on banks in remote locations so as to maximize disbursement float.
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References in periodicals archive ?
Certain companies with large cash flows will find it economically attractive to employ the "remote disbursement" strategy of paying.
The introduction and growing use of many of these techniques (for example, overdraft accounts, repurchase agreements, and remote disbursement of checks) was apparently related to the spread of computer technology in the banking industry starting in the mid-1970s.
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.
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