Treasury Management Services

Controlled Disbursement Services

How it works
  1. Your controlled disbursement account is opened at a remote site with a unique transit routing number (ABA number). Your company uses this account specifically for issuing checks.
  2. As the checks clear, your controlled disbursement account is automatically funded from the Compass master account you designate.
  3. Each morning, you will receive your controlled disbursement presentment information via Compass e-Access® in one of the following formats:
    • Daily summary of the number of items that will post that night, as well as the total dollar amount of those checks.
    • Detailed information on each check including check number and amount.
    • Both summary and check detail information.
  4. To ensure that the information you receive is as accurate as possible, Compass will also provide you with a list of any corrections or mismatched items the next day.

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