Disbursing Registry Funds
When money is deposited into a registry account, the deposits are listed as uninvested funds. Uninvested registry funds can be disbursed from the case Financial tab. Certain types of registry accounts (e.g., trust accounts) are invested on behalf of the beneficiary, and a disbursement check is created to disburse the trust money into an investment account.
To disburse registry funds:
1. Find a case, and access the account Transactions view of the Financial tab.
2. If multiple registry accounts display, select the appropriate account.
3. Click Image in the Uninvested header.
4. If a specific account has not been selected and there are multiple accounts to choose from, a list of accounts is displayed so you can select an investment account.
5. Complete the check information fields displayed.
6. Select one of the following options:
•  If you are entering a hand check, click Save (ALT+S). Since you are entering a check that was written previously, the check does not need to be submitted to the check queue.
•  Click Save/Submit (ALT+S) to submit a check to the queue for disbursement. The check transaction is saved and the check is submitted to the Check Processing Queue to be exported.