Bank's controlled disbursement account helps you forecast your company's daily cash
position with greater accuracy. The final check presentment for our disbursement
site occurs early each day so you can receive notification of your daily check funding
requirements by approximately 10:30 a.m. (CST). Notification of the funds needed
for your presented checks will help you with short-term cash flow forecasting.
Controlled disbursement accounts are particularly helpful when you are managing
invested funds, allowing you to take advantage of prime investment deadlines and
maximize your investment income, as well as manage borrowing or other daily cash
requirements.
The controlled disbursement account always maintains a zero balance. The exact funds
needed to cover the disbursement are automatically transferred to your controlled
disbursement account from your primary INTRUST Bank account.
Check clearing information is available intraday via
INTRUST
Treasury OnLine.
Benefits to Your Business
- Improved cash forecasting/investment decisions. Maximize the value of your
funds through better allocation/understanding of where and when you need the funds.
- Convenience. Manage your accounts through our online Web portal, INTRUST
Treasury OnLine.
- Increased efficiencies. For accounts clearing a large number of items, the
controlled disbursement account works with our account reconciliation services,
including positive pay, to help increase efficiencies in monitoring and reconciling
your disbursements and may help reduce fraud.