Do you want more than a traditional checking account to issue paper-based payments? Consider Controlled Disbursement.
Early information allows you to manage your cash position aggressively. With a U.S. Bank Controlled Disbursement account, you'll receive notification in the morning for checks that will clear against your account that day.
- Timely information enables you to accurately manage balances, avoid overdrafts and/or take advantage of investment opportunities when rates are typically favorable. Our first and second presentment deadlines (for Miamisburg, OH) are 7:30 am and 8:30 am CST respectively. Check detail including check number and dollar amount is also available on the SinglePoint Controlled Disbursement detail report.
- Funding for the appropriate disbursement amount is automatic.
- Choose from multiple sites in different time zones to meet your needs.
- Controlled Disbursement Same-Day Transmission provides you with a direct transmission of your checks in the morning the day the items post to your account. This gives you an opportunity to place a stop on an item before it posts to your account. Our earliest transmission deadline (for Miamisburg, OH) is at 10:30 am CST.