C.O.D. options from UPS Capital help small businesses manage
risk.
What’s the story: While C.O.D. is an older method to collect payments, it is still a
tried-and-true
option for managing payment risk. C.O.D. Delayed Deposit uses a safe, secure
technology-based solution
that allows shippers to manage the timing of when their customers’ checks are deposited.
Why it matters: Sometimes your customers may not be ready for you to deposit their check.
This option
provides flexible timing for the deposit of individual checks and several other features
including:
Email notifications that alert you of new C.O.D. checks awaiting deposit
Secure web access for viewing check images and managing deposits
Daily electronic reports providing reconciliation of C.O.D. activity and advance
notice of
scheduled
deposits and returned items
An option for automatic second presentation of dishonored checks
Automatic daily deposit of funds
Reduced bank fees associated with check processing
Use of one UPS® account to manage all checks
Other C.O.D. options enhance the standard timing of UPS check deposits. Check out other options
offered
through UPS Capital.
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