Make cash flow management easier by automating your payments and/or collections.
Benefits of ACH Debit and Credit Origination:
- Enable faster processing of payments and cut paper cost
- Increase payee and/or employee satisfaction through prompt payment
- More predictable settlement and cash flow
- Reduce lost checks instances and fraud expenses
An easy to use automated clearing house (ACH) feature for business customers, allowing them to set up, manage and monitor their high-priority transactions
- Create one time, future-dated and recurring ACH transactions
- Easily originate transactions using the ACH file upload feature or predefined templates
- Import NACHA formatted CSV or fixed-length files into ACH templates and save them for future use.
- Access reports with a summary of notification of changes (NOCs) and returns- including auto-update capability
Supported transaction types
- Company- to company (CCD and CCD+)
- Company to consumer (PPD)
- Corporate Trade Exchange (CTX and CTX+)
- Federal and tax payments
Need further information? Please contact TreasuryManagement@ForbrightBank.com
Email disclosure: Your privacy is very important to us. We would like to advise you that Internet email is not secure. When you send an email, please do not submit any information that you consider confidential. We recommend you do not include your social security or account number or other specific identifying information. Mailboxes are actively monitored Monday – Friday (9am – 5pm EST).