Reduce processing costs, speed up cash flow, save time, receive daily reports, and reduce accounting headaches with UPS C.O.D. AutomaticSM. Payments from your UPS C.O.D. deliveries will be processed within days and available funds will be transferred directly to the bank account of your choice.
The C.O.D. Automatic program benefits your business by giving it the ability to:
Generally two to three business days after package delivery, available funds are electronically transferred directly to your designated bank account.
Manual check processing is eliminated so there is no need to prepare daily bank deposits, sort checks and invoices, or take checks to the bank for UPS C.O.D. packages. You can even electronically manage your customers' C.O.D. checks that require delayed deposits. We'll send you a notice to go online and select the deposit date for each check, making the process much easier for you and more convenient for your customers.
Reduce monthly bank fees associated with deposits and NSFs--there are no physical checks to process with UPS C.O.D. Automatic.
You are automatically sent daily fax or email statements capturing payments received, net deposits to your account, and total returned items. Images of C.O.D. checks are even available online.
UPS C.O.D. Automatic offers a fast file download in multiple formats for simplified invoice reconciliation.
C.O.D. Enhancement Services products are offered through UPS Capital Trade Protection Services, Inc. UPS Capital Corporation and its affiliates reserve the right to change or cancel the C.O.D. Enhancement Services program at any time. The C.O.D. Enhancement Services program is subject to the terms and conditions of the contract and certain limitations and exclusions apply. This website page is only a brief summary of the program. The UPS C.O.D. charge as set forth in the UPS rates in effect at the time of shipping applies to each UPS C.O.D. package shipped. C.O.D. Enhancement Services products may not be available in all jurisdictions. For additional information, please contact UPS Capital. C.O.D. Automatic is a service mark of United Parcel Service of America, Inc.