Streamline Payments and Deposits for your Business
Business owners are always looking for opportunities to make processes more efficient, minimize expenses, and improve the bottom line. With Bank of Herrin’s Automated Clearing House (ACH) services, you can make sure payments are made on time to vendors and employees while ensuring you collect the payments due to you faster. All this means you have accurate account balances and improved cash flow. If you’re interested in learning more about how ACH services can make your business better, contact our business banking team.
Bank of Herrin ACH Service Benefits
Our team will help you in setting up your ACH files for distributing and collecting payments. Examples of entries include:
- Vendor payments
- Direct deposit payments to employees
- Collecting rent
- Collecting an invoice
With ACH services, you can rest assured that the payments you owe are made on time while being confident that payments due to you will be collected quickly. You’ll have a record of every transaction and be able to address any abnormalities quickly while reducing costs and improving payment security.