ACH Origination Services

Your business can use ACH Origination Services to collect funds and make payments electronically, including making payroll for your employees. With ACH payment and deposit services, your business will:

• Save money by eliminating the cutting and mailing of payroll checks.
• Save time and labor with quick, easy filing.
• Improve your payment processing efficiency with quick service.
• No more lost checks – payments go directly from account to account.
• Fight payment fraud by using Positive Pay to manage incoming and outgoing transactions as they occur.

With ACH, your business can handle functions such as:

• Making payroll deposits
• Paying taxes
• Paying your vendors
• Managing corporate payments and collections

ACH Debit Origination

With ACH debit origination, you can electronically collect payments from customers’ bank accounts on a recurring or one-time basis. Payments get deposited directly into your bank account.

ACH Credit Origination

Make paying vendors, employees, or other payees convenient and secure. Added benefits are ACH is cost effective and faster than paper-based payments.

ACH Services to Concentrate Balances

Centralize cash management operations with ACH services. You’ll be able to electronically transfer funds from accounts held at other financial institutions into your Solvay Bank accounts.

Same Day ACH

With same day ACH, payments can be processed and posted to your account on the same day they are authorized. Make easier on-time bill payments and faster crediting when you are moving money among your accounts at different financial institutions. Similarly, business-to-business payments will process more quickly, resulting in faster invoice and payment processing.

Positive Pay

Enhance security and accuracy of all checks issued by your company before funds are withdrawn from your account. Positive Pay flags imperfect matches and prevents unauthorized or duplicate checks from being cashed, allowing you to maintain strict control over transactions. With 24/7 service, you can also set rules to filter ACH transactions, ensuring that only authorized payments are processed. Learn more here.