Peoples Community Bank’s ACH (Automated Clearing House) Origination service puts you in charge when it comes to directing money in and out of your account. As an ACH originator, you’ll love the many perks like direct deposit for payroll, quick accurate processing of payments, and remote access. No matter where you or your employees are, they will always have access to their pay! ACH Origination features simple fast transfers; the efficiency of fewer checks to process; and timely payments receivable all in a safe easy to use environment.
What types of transactions can be processed through Cash Management ACH Services?
ACH Payroll – send funds to numerous recipients at the same time
ACH Single Payments – Send funds to a single recipient
EFTPS (Tax Payments) – Send funds to a Federal, state, or local tax authority
ACH Payments – Send funds to multiple recipients
ACH Collections – Collect funds from multiple recipients
ACH Single Receipts – Collect funds from a single recipient
How long does the process take from the time the ACH Origination Application is submitted until login?
Approximately 7 – 10 business days
What are the costs associated with Cash Management ACH Services?
$25 per month for basic ACH service (2-3-day processing)
$30 per month for same day ACH service (same or next day processing)
$5 per returned item
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