Disbursements
Disbursements are payments made from a fund, typically by a business or government, to another party.
Frequently Asked Questions
Common examples include refunds and reimbursements, appeasements, settlements and insurance claims.
Digital disbursements are disbursements made using digital methods such as ACH bank transfers, cards and digital wallet money transfers. While checks continue to be a common and traditional way to make disbursements, many businesses are embracing the benefits of digital payment methods.
While all disbursements are payments, not all payments are disbursements. A disbursement typically refers to a payment from a central fund that has been recorded as a debit on the payer’s side and a credit on the payee’s side. Disbursements are typically made by businesses, organizations and governments.
