ACH Disbursements & Direct Deposit
Complete control of your payables and reduced transaction cost.
Save valuable time by using the Automated Clearing House (ACH) to disburse regular payments directly to vendor and customer accounts with pre-authorized credits. ACH Disbursement is a fast, efficient way to disburse recurring payments such as payroll, taxes, annuities, dividends, interest, pensions, royalties or expense reimbursements.
ACH Origination provides easy set-up and processing that will save time and money compared to paper processing.
Some of the benefits of ACH Disbursements are:
- Control of settlement timing of disbursements
- Initiation and release of batches or payments from anywhere you have Internet access
- Organization of transaction information and audit reports
- Consolidation of funds from accounts at other banks