Automated Clearing House (ACH) Credit Origination is an ideal method for direct deposit of payroll, vendor payments, and state and federal tax payments. Easily and securely initiate electronic payments to any bank account.
ACH Credit Origination increases employee satisfaction by providing employees with instant access to their money. Each payday your employees’ accounts are credited based on information transmitted to Dollar Bank via the Business Online Banking ACH Module, or a file transmitted directly from your accounting software.
- Reduces the cost and time of payroll processing and mailing checks
- Eliminates cost associated with lost or stolen checks
- Reduces float and idle funds
- Improves cash flow management
- Eliminates the need to provide your account number to a third party
Contact our treasury management experts today to discuss which solutions are best for your business.
Contact our treasury management experts