Community Shores Bank offers ACH origination software as part of our Business Online Banking product. ACH transactions can be originated, with proper authorization, for a number of different reasons, for example:
- paying employees via direct deposit
- transferring money to any client or customer within the United States
- paying state and federal taxes
- collecting payments from personal or business customers
ACH origination customers are required to sign a contract and undergo credit review to establish daily file limits. Credit review involves providing two year’s financial statements initially and then on an annual basis. A deposit account will need to be established to fund the ACH file transmission.
Direct bank support is available from 8:30 a.m. Et to 5:00 p.m. ET, Monday through Friday. Call either 231.780.1886 or 231.780.1861
For pricing, click here.