Controlled Disbursement Account

Payment precision to manage funds

Will checks that clear your account today be funded? With a Controlled Disbursement account, you’ll know exactly how much of your cash on hand needs to be available for pending checks to clear.

Benefits of Controlled Disbursement Accounts

Controlled Disbursement allows you to make key investment or borrowing decisions and finalize your cash position much sooner. Stay focused on your business and eliminate the guesswork that comes with a high volume of disbursement checks with large dollar amounts.

Timely information

A unique routing number on your checks enables the reporting of presented items to you by 9:30 AM ET.

Multiple funding sources

Accounts can be funded through a Huntington Zero Balance Account, internal account transfers, a wire transfer, or ACH transfer from another financial institution.

Convenient reporting

Reporting is available through Business Online, Huntington’s comprehensive online banking platform.

Choice of file formats

Information can be sent to you via direct transmission as data or an image file.

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