C.O.D. Delayed Deposit helps to determine how and when companies can deposit customers’ checks. According to UPS, 33 percent of C.O.D. shippers defer deposits of C.O.D. payments when requested by customers. For years, businesses have held customers’ checks and deposited them on agreed-upon future dates. UPS’s new service offers flexibility in determining the timing for depositing individual checks. It generates e-mail notifications alerting the customer of new C.O.D. deliveries that are awaiting deposit. And it provides secure Web access to view check images and manage deposits. Funds are automatically deposited on a daily basis into a shipper’s bank account of choice. There is also an option for the automatic second presentation of dishonored checks, UPS said.