Sterling CMS Disbursement Services keep your cash working for you as long as possible. Designed to keep pace with the growing needs of growing businesses, our disbursement products and services are supported by state-of-the-art technology that increases your control, streamlines your procedures and reduces the risk of expensive errors or late fees.

Fast Funds Transfers from Your Desktop

With state-of-the-art Sterling Cash Management Internet Banking, you can initiate domestic or international funds transfers from any of your accounts to any location worldwide, quickly, accurately and securely. For added security, a designated administrator can set the appropriate authority level for each user.

Timely Payments in Less Time

Sterling's Corporate Bill Pay, an accounts payable management system, helps you manage float, save time, reduce costs and streamline recordkeeping by using the Internet. You can schedule one-time electronic payments for specific amounts on specific dates or choose auto-payment for recurring payments. Each set of payment instructions can include key remittance data, enabling the recipient to easily identify your account and credit it properly. In cases where electronic payments are not possible, we send a check on your behalf. Online access lets you analyze payment history by date range, payee or amount at any time.

Funds That Never Sit Idle

When parts of your business need separate operating accounts for disbursements such as payroll or petty cash, Sterling Zero Balance Accounts deliver the funds from a master account on a just-in-time basis to meet daily obligations, while the operating accounts are maintained at a zero balance. In addition, any funds deposited in the operating account are moved to the master account at the end of the day. Fully automated according to your instructions, the system assures accuracy and allows for customized reporting.

Effective Daily Funds Management

If your business requires a significant number of certified checks, Sterling's EZ-Cert™ lets you print them from your desktop through a secure Sterling Internet site. Sterling provides you with a dedicated encrypted printer, modem and the necessary security check stock; all you need is a computer with Internet access. For more information on EZ-Cert™, click here.

After studying your company's payment patterns, your Sterling banker will design a customized and cost effective package of disbursement services to match your unique business profile.

For more information, contact Anna Roina, Vice President & Certified Treasury Professional (CTP) at 212.575.4539 or email to anna.roina@sterlingnationalbank.com