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Disbursement Management

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Manage payments to vendors, employees, retirees and taxing authorities with flexible payment options, prudent risk management and accurate information.

Disbursement Management Solutions

Northern Trust's disbursement solutions help you:
  • Efficiently originate domestic and international paper and electronic payments
  • Reduce risk by verifying payee and check information, implementing ACH and wire transfer controls and setting up custom alerts to notify you of transaction activity

Payment Origination–Accommodate both basic and complex electronic payment needs by initiating same-day or recurring domestic and international ACH and Wire transfers.

  • Controlled Disbursement–Enhance your ability to more accurately determine your daily cash position with same-day notification of cleared transactions, allowing you to make investment and funding decisions early.
  • Integrated Disbursement–Securely transmit a single electronic file of check, ACH, and wire payment instructions and we’ll process and issue all payments, reducing your overall cost of payment origination.

Fraud Protection Services–Protect against paper check fraud and unauthorized electronic transactions with our fraud prevention tools. We’ll help you establish the right controls to protect your organization from fraudulent payments.

Information Services–Capture and integrate information from multiple payment and information types to improve timeliness of information flows. Northern Trust Treasury Passport and direct transmission options enhance timely access and flexibility in how information is accessed and delivered.

Imaging Services–Eliminate the need to store checks and images by accessing detailed check information through our online tools, CD and transmission services.

Reconcilement Services–Simplify your reconcilement process and automate manual tasks. With our range of reconcilement options you can securely view and export summary or detailed reporting through Northern Trust Treasury Passport® or direct transmissions.


© 2024 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with limited liability in the U.S. Products and services provided by subsidiaries of Northern Trust Corporation may vary in different markets and are offered in accordance with local regulation. For more information, read our legal and regulatory information about individual market offices. This material is directed to professional clients only and is not intended for retail clients. For Asia-Pacific markets, it is directed to expert, institutional, professional or wholesale clients or investors only and should not be relied upon by retail clients or investors. Issued in the United Kingdom by Northern Trust Securities LLP and in Australia by Northern Trust Securities Australia Pty Ltd.

Our Clients

Our Asset Servicing group offers services and solutions to a wide range of clientele. Some of our key clients include: