Automated Clearing House (ACH)

The Automated Clearing House (ACH)1, a nationwide network, gives you an electronic payment method that enables you to initiate debits and credits in a variety of consumer and commercial payment types. With this robust solution you maintain control of your funds until you decide payment should be made, and there’s never a need to write, process and reconcile checks. 

Features include:

  • Electronic processing to eliminate preparation and storage costs of paper
  • Automated returns resulting in faster, more accurate representment/collection
  • Distribution of remittance information, automating/simplifying reconcilement
  • Information in standard format, improving consistency and machine readability of data
  • Tiered security structure to provide data security
  • ACH cross-border transfers to Canada
  • Same Day ACH availability


Business Wire Transfer

​​​​​​Commercial wire transfers are one way to transfer funds to achieve same-day availability of funds with minimal risk because only available funds are transferred and/or received. Maximize the use of your funds - utilize wire transfers.

Wire transfers can be initiated three ways:

  • Electronically using our TM ConnectSM products
  • By phone using a secure PIN
  • In person at a local banking center

Electronic wire transfers through our TM Connect products offer you the ability to:

  • Set up alerts for easy notification
  • Initiate wire transfers from your computer for convenience
  • Set up dual approval for additional security
  • Create templates for those wire transfers done on a repetitive basis
  • Initiate both domestic and international wires

 

1 The Automated Clearing House and NACHA are not affiliated with Comerica Bank.