📝Cash Distribution Agreements exist today in the fax and snail mail world of banking. Examples include:

1. Deposit Account Control Agreements (DACAs). Very difficult to get. Banks hate doing them. Under UCC § 9-104, a DACA is the authenticated agreement in which the debtor, secured party, and bank agree that the bank will follow the secured party's instructions for the funds in the deposit account without further consent from the debtor.
1. Escrow.com - focused on buyers and sellers in large one time transactions.
1. Wage Garnishment. Employers are directed to deduct a certain amount from an employee's paycheck for a certain period of time as the result of a court order.
1. Merchant Cash Advances - a very fragmented industry.
1. Auto Credit Card Payments

Next -> A simple technology for 📝Securitizing Micro Cash Flows would enable new 📝Examples of Cash Distribution Agreements.

Contexts

• 🏷️#cda