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The Automated Clearing House (ACH) network is a highly reliable and efficient, batch-oriented electronic funds transfer system. NACHA-The Electronic Payments Association develops the rules and standards which provide for the interbank clearing of electronic payments for participating depository financial institutions. Both the Federal Reserve and Electronic Payments Network act as ACH operators, or central clearing facilities through which financial institutions transmit or receive ACH entries.
ClearedCheck Systems has the right ACH solution for your businesss. Talk to a Client Services Manager today about your needs.
ACH Debit Payments May Include:
Contributions to IRAs, SEPs, 401Ks, etc.
Government savings bonds purchases
Mortgage and installment loan payments
Point-of-sale check conversion
Telephone or online purchases
ACH Credit Payments May Include:
Payrolls and pensions
Employee expense reimbursements
Customer-initiated transactions (e.g., telephone bill payments)
Dividends and interest payments
Social Security payments
PDL ACH ACCOUNTS AVAILABLE
Contact Us for details.
Ask us about our special "Meet or Beat" Wholesale Pricing for High Volume accounts!