Global Trade Finance Merchant Services C.O.D. Direct Deposit puts funds from your customers' C.O.D. remittances directly to your Bank One account. Funds are generally deposited within two to three days after UPS delivers the shipment. How C.O.D. Direct Deposit Works UPS delivers your C.O.D. shipment and collects your consignee's payment. We process your payment. A bank ledger credit is posted to your Bank One account, generally two to three days after delivery.
Funds are available when the checks actually clear, generally three to five days later.
Optional automatic second presentation of dishonored checks. Returned checks are forwarded to you for collection. You can view or download individual account details, images of deposited and returned checks, or consolidated statements for multiple shipper numbers. Convenient download formats simplify analysis and reconciliation of your accounts. Inc. All Rights Reserved.