Post-Dated Check Warehousing Facility
Turn-over your post-dated check collections to UCPB for warehousing and safekeeping. UCPB will monitor and manage your PDCs until these mature. The checks will be immediately credited to your UCPB account upon maturity.
The UCPB Post-Dated Check Warehousing (PDCW) service allows you to:
- reduce expenses spent for daily trips to the bank to deposit maturing checks (up to 36 months)
- free up your accounting and finance staff of the tedious process of monitoring and managing PDCs
- ensures depositing of PDCs immediately upon maturity
- allow retrieval, re-setting and replacement of PDCsThe UCPB PDCW facility may be linked to UCPB’s online banking facilities – the UCPB PDC.Biz facility where you can view and monitor your PDCs online, and the UCPB CM.Biz for real-time access to your accounts.