Move Funds Quickly, Safely & Efficiently
Reduce costs, speed up payment/collection processes and eliminate paperwork with ACH services. The Automated Clearing house (ACH) is an electronic network for financial transactions in the United States that enables you to initiate debit and credits for a variety of consumer and commercial payment types securely through Online Business Banking.
Move funds electronically to:
Send Payments
- Payroll Direct Deposit
- Vendor Payments
- Dividend Payments
- Interest Payments
- Annuity Payments
- Tax Payments
Collect Payments
- Rent or Lease Payments
- Membership Dues
- Charitable Contributions
- Insurance Premiums
- Mortgage Payments
- Installment Loans
Using this online payment solution offers many benefits:
- e-ACH is the least expensive method of making payments.
- Eliminates trips to the bank.
- Eliminates the cost of generating checks, mail and postage.
- Eliminates check stop payment charges and re-issue costs on lost or stolen checks.
- Control the timing of payments.
- Reduces float period to receive payments faster.
- Reduce your risk of fraud and unauthorized access with the use of security tokens.
- Streamline your accounts payable and receivable while improving your cash flow forecasting.
- Easy set-up and processing that will save time and money compared to paper (check) processing.
- Same-Day and next business day payment/collection processing available.
- Obtain detailed daily reporting.
Take advantage of this online banking benefit and set up ACH for your business!
