Automated Clearing House (ACH) and Wire Transfers are a fast, reliable and secure way to disburse funds, accelerate payment and collection procedures and reduce operating costs.
Automated Clearing House (ACH)
With next-day settlement, ACH allows you to improve your payment processing efficiency and accuracy and reduce expenses. We offer ACH services for businesses that want to collect funds and make payments electronically in batches through the ACH network.
Typical ACH applications include:
> Direct Deposit of Payroll
> Dividends
> Monthly Payments & Collections
> Federal & State Tax Payments
Below is a list of fees associated with our ACH services:
bizConnect Monthly Fees………..$25
Per entry…………………………………..$0.10
Per item received……………………..$0.15
Per return………………………………….$4
Other Fees include:
ACH Setup (one-time)…………………….$50
ACH Rules (optional)……………………….$50
Wire Transfers
Peoples Bank Wire Transfer service is the most expedient method for transferring funds between your business accounts and other bank accounts. It can be used for domestic and international transactions in which no cash or check exchange is involved, but the account balance is directly debited electronically and the funds are transferred to another account in “real time.” |
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