CONTROLLED DISBURSEMENT

Manage your working capital more effectively by using a Controlled Disbursement account. We provide you with timely, accurate, same day check presentment information to help you determine your cash flow needs. With a controlled disbursement account you fund your accounts with the exact amount needed to cover that day's checks.

Features:

• Maximize Funds Usage - Eliminate excess deposit balances by precisely funding your accounts. Excess funds can be invested or used to pay down loans or for other activities.
• Enhanced Control - Controlled disbursement allows you to control a decentralized operation by monitoring and funding disbursement activity.
• Eliminate Overdraft Fees and Reduce Interest Expense - Forecast your daily cash position accurately.

To find out more about our Controlled Disbursements, contact your First Bank Treasury Management Officer. New to First Bank? Contact the Treasury Management Officer nearest you.