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Home > Small Business > Cash Management > Payables & Receivables Management > Automated Clearing House (ACH)
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Automated Clearing House (ACH)

The Automated Clearing House (ACH), a nationwide network, is an electronic payment method that enables you to initiate debits and credits in a variety of consumer and commercial applications.

With ACH, you maintain control of your available funds until you decide payment is to be made. This electronic method saves time and money—no need to write a check, process it, and then reconcile it. Let your money work for you.
Features and Benefits

  • Next day processing, eliminating the float associated with paper checks.
  • Processing is electronic, eliminating preparation and storage costs of paper.
  • Automated returns result in faster, more accurate representment/collection.
  • Include remittance information with your payment
  • Information is received in standard format, improving consistency and machine readability of data.
  • The tiered security structure results in greater data security.
  • ACH cross-border transfers to Canada can compliment the electronic processing of payments.
 






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