Efficient Treasury Solutions services can help you manage cash flow, maximize investment income, deter fraud and simplify everyday tasks. Our dedicated professionals can work with you to develop a plan for your unique business model.
- ACH Account Block
- Account Reconcilement Services
- Controlled Disbursement Accounts
- Corporate Payment Notification/EDI Reporting
- Escrow Accounts
- Funds Concentration Services
- Merchant Services
- Payroll Direct Deposit
- Payroll Processing
- Remote Deposit
- VNB Connect®
- VNB Connect Plus®
- Direct Deposit
- VNB® Positive Pay
- Universal Payment Identification Code
- Tenant Rent
- Zero Balance Accounts
- NACHA Rules
CONTROLLED DISBURSEMENT ACCOUNTSMore Info & Help
Valley National Bank's Controlled Disbursement service provides cash managers with morning notification of daily check- clearing totals and detail. This service reduces the need to maintain idle funds in anticipation of check clearings.
Cash managers can use this information to calculate a daily cash position and make informed investment or borrowing decisions.
- Enables fine-tuning of daily cash forecasting.
- Maximizes investment income and minimizes borrowing costs by reducing the need to maintain idle funds.
- Improves control over issued and paid checks.
- Reduces reconcilement time and cost.