Controlled disbursement accounts are designed to reduce the delay in check clearing.

Name: Controlled disbursement accounts are designed to reduce the delay in check clearing.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

Controlled disbursement accounts are designed to provide companies with same-day notification of the total amount of checks that will clear against their account, allowing them to manage their cash flow more effectively, not to reduce the delay in check clearing.

Controlled Disbursement Accounts Are Designed to Reduce the Delay in Check