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Controlled Disbursement

Helps minimize excess balances by forecasting your cash disbursements early in the morning, so you know how much is exactly in your account.

  • Gives you increased control of your daily funding requirements.
  • Reduces reconcilement cost/time, exposure to fraudulent activity.
  • Prevents an overdrawn account when a check was presented sooner than you expected.

Service Overview
Precise Forecasting
  • Provides check presentment detail from the Federal Reserve and clearing house early each morning of the checks that will be presented for payment that day.
  • First presentation information by 8:30 AM ET, includes 90% of days clearing total.
  • Accurate cash needs and final clearing totals for the day are delivered by 10 AM ET.
Convenience
  • Identifies cash needs each day, so you can invest remaining funds in an interest-bearing vehicle or use excess cash to pay down loans and lower average loan balances.
  • Integrates well with other cash management services such as Positive Pay, Account Reconciliation and Zero Balance Accounts.
  • Integrates easily with most accounting systems.
Saves money
  • Maximizes earning potential of cash resources or reduces loan interest expense.
  • Minimizes risk of overdrafts and fees.
  • Integrates with the powerful reporting options available through Money Manager GPS.

View additional information about Controlled Disbursements (PDF)

Want to Learn More?

Our Cash Management representatives are ready to work for you ─ with local, personal attention backed by all the resources, products and global capabilities you need to succeed. To find out what it's like to have a good bank on your side, schedule a meeting today:

By Phone: 1-877-550-5933
By Email: clientservices@rbscitizens.com

 

 

Contact a Product
Specialist today:

1-877-550-5933

(Mon-Fri 7am-8pm, EST)

clientservices@rbscitizens.com