controlled disbursement account

Handle your daily cash disbursements smarter

Enhance the way you pay with a controlled disbursement account

Gain control of your payments and reduce the risk of overdraft charges. With a controlled disbursement account, you can optimize your cash flow and improve controls—all while achieving your business's goals.

Forecast daily

Accurately forecast daily cash requirements, helping to reduce idle balances.

Increase efficiency

Use available funds to increase investment income or reduce borrowing costs.

Explore options

Increase flexibility and help reduce transfer charges using several funding options.

Controlled Disbursement Account Benefits
Get a clearer view

Take control

Get notified early and improve control of your cash position, reducing the possibility of overdrafts.

Stay informed

Our team communicates with you daily about checks posting that night to your account. Your funding options include wire transfers and transfers from another First Citizens account.

Enhance awareness

Our controlled disbursement account service helps you reduce costs, avoid unnecessary charges and use funds more efficiently.

Business Digital Banking

Manage your business on the go

Manage your accounts from anywhere

Send and transfer money using ACH and wires

Receive account and security alerts

Learn more about business digital banking
Business Digital Banking

Manage your business on the go

Manage your accounts from anywhere

Business Digital Banking

Manage your business on the go

Send and transfer money using ACH and wires

Business Digital Banking

Manage your business on the go

Receive account and security alerts

Learn more about business digital banking

Controlled Disbursement Account FAQ
People often ask us

A controlled disbursement account allows a business to choose which checks will post to its account each day. It helps control payments and cash flow—giving the business the ability to avoid overdrafts, manage investments and pay down debt.

Each day, the total amount of a business's checks to be cleared is transferred to its controlled disbursement account, allowing the business to use the remaining funds in its operating account for other purposes. The business can choose to leave assets that earn higher interest in place for a longer period of time to continue generating profits, while assets that earn lower interest can be used for short-term payment needs. 

Both accounts are types of business checking accounts that optimize cash flow. A zero balance account is a type of sweep account that always has a balance of zero at the end of the day. A controlled disbursement account provides early notification of checks to the cash manager.

Normal bank approval applies.

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NMLSR ID 503941