Usage: Harmon is not a popular first name. It is more often used as a boy (male) name. People having the name Harmon are in general originating from France, Germany, United States of America.
The officer does not have physical possession of the. funds. (2) 'Disbursing Officer' shall mean a person who disburses. funds and renders accounts in accordance with laws and. regulations governing disbursement of public funds. The officer. has physical possession or control of the funds.
Controlled Disbursement Accounts. Reduce interest expense or increase interest earnings with Controlled Disbursement Accounts. Knowing how much money you will disburse in a given day is an important element in controlling cash flow. Controlled disbursement is designed to maximize your cash flow by allowing you to precisely fund transactions daily, rather than maintaining high balances in your disbursement accounts.