Automated Clearing House (ACH) Disbursements[cite::120::cite] allows you to initiate electronic transactions through the ACH network. This service allows scheduling disbursements for any type of payment, including vendor payments, federal and state tax payments, and employee payments such as direct deposit payroll, expense reimbursements, and pension payments. 

Schedule Payables

ACH simplifies the payables process by allowing you to automate one-time and recurring payables. In the process, virtually every aspect of your business operation is enhanced.

Managing payables through ACH helps reduce administrative costs and save time:

• Ends the administrative costs of ongoing check preparation, mailing, and reconciliation
  
• Saves money—ACH transactions are less costly than paper items
• Eliminates check stop payment charges and re-issue costs on lost or stolen checks
• Helps to avoid interest and late charges on payments
• Convenient and time-saving for employees by eliminating the need to deposit checks
• Helps manage your accounts through controlled timing of disbursements – you always know when the account will be debited

Improve Operational Efficiency 

• Quickly send domestic same-day ACH credit entries of $25,000 or less to business or consumer accounts 
  
• Payment instructions are sent in an industry-standard National Automated Clearing House Association (NACHA) format
• Future-dating of transactions is available
• Daily activity can be viewed online
• Return Reports are transmitted to you through:
  • Treasury Internet Banking
  • Fax
  • Secure File Transmission (SFTP)