ACH Services
Reduce Your Risk of Fraud
ACH services let your business make and receive payments of all kinds. This all without the inconvenience of cutting or depositing paper checks. Payment types include:
- Direct deposit of payroll
- Preauthorized debits
- Payments to vendors
- Business to Business payments
- Tax payments
The benefits of ACH are significant. It’s convenient, cost-effective and provides fast access to funds. It also reduces the risk inherent in dealing with checks. In accordance with the rules and regulations of ACH, no financial institution may issue an ACH transaction towards an account, be it debit or credit, without authorization from the recipient.
ACH also gives your business considerable control and flexibility, including the ability to:
- Create templates for repetitive payments or collections
- Submit batches for next-day settlement
- Schedule an ACH up to 30 days in advance
- Define settlement dates and/or frequencies up to a year in advance
- Import a NACHA or CSV file
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