Controlled Disbursements
The earlier you know your daily cash position, the better-equipped you are to make smart money management and short-term investment decisions.
BankAtlantic’s Controlled Disbursement service provides you with early morning notification of the total dollar amount of checks presented for payment against an account. This unique service allows you to determine your cash flow needs, in order to maximize investment of excess available funds or minimize short-term borrowing needs.
Early, same-day notification of disbursement totals is available by 9:00 a.m. ET each morning. You can access this information from your computer online, or have it faxed to your office. Daily check inclearings can be conveniently funded from another BankAtlantic account with an automated transfer.
Controlled Disbursement Benefits:
Savings
- Maximize overnight investment income
- Minimize the cost of borrowing
- Reduce cost by eliminating overdraft charges
Control
- Gain greater control and forecasting ability with timely accurate information
Efficiency
- Receive clearing notifications by 9:00 a.m. ET each morning
- Access notifications online, or have them faxed to your office


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