Controlled Disbursement

The Smarter Way to Handle Your Money

First Citizens Controlled Disbursement service is smart business. It can help you reduce costs, avoid unnecessary charges and use funds more efficiently.

Each morning, our Controlled Disbursement service informs you of the exact dollar amount of the checks that will post to your checking account that night.

First Citizens obtains the necessary information on checks from the Federal Reserve. Once we notify you, your options for funding your disbursement account include wire transfers or transfers from another First Citizens account.

Keep Your Money Working Hard

• You can forecast daily cash requirements more accurately to help reduce idle balances.
• With more efficient use of available funds, you can increase investment income or reduce borrowing costs.
• Early notification of presentment totals improves your control of your cash position and reduces the possibility of overdrafts.
• A variety of funding methods provides increased flexibility and can help reduce transfer charges.