M&T's Controlled Disbursement is a service that notifies you early each workday morning of all checks (including payroll checks) and electronic (ACH) payments that will clear against your M&T account that day. With this information, you can precisely calculate how much money to transfer into your account and consequently, how much you'll have for investments, loan payments, and other uses. What can M&T's Controlled Disbursement do for you?
Early notification. You will know precisely what checks and ACH debits will clear against your account no later than 10am ET each workday.
Maximize working capital. Take the uncertainty out of cash flow forecasting. Maintain the highest level of available cash.
Fund your account only as required. Take advantage of short-term investment opportunities available in the morning.
Reduce excess borrowing.
To find out more, please send us an email, call 1-800-724-2240 to speak to one of our experienced Commercial Service Team Representatives, or contact your M&T Relationship Manager.