Controlled Disbursements
Optimize your cash flow.
An HSBC Controlled Disbursement Account helps you secure better control over your check disbursements process. As a result, you gain better control over your cash flow. You can eliminate idle balances and use the funds more profitably without the risk of overdrawing your disbursement account.
Your Controlled Disbursement Account is one of three components of HSBC's comprehensive Disbursement Management Service (DMS):
- Controlled Disbursement Account for issuing checks
- Zero Balance Account
- HSBCnet for information and reporting
Features | Advantages |
| Electronically access your cash position and check presentments each morning. | Timely investment opportunities. Reduce idle balances. |
| Know your exact in-clearings and presentments. | Fund your account accurately. Eliminate overdrafts. |
| Automatic Funding via ZBA. | Reduce time and error |
| Reporting via paper, CD-ROM and/or electronic transmission via HSBCnet . | Convenient and timely access to your information and status including images of your paid checks. |
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