
ACH Origination
Understanding ACH Origination
ACH (Automated Clearing House) is an electronic money transfer system that safely and efficiently transfers money between financial institutions. Direct deposits, bill payments, and recurring transactions are good examples of ACH's. Legacy now offers ACH Origination for our business customers, to allow your business to electronically pay employees and vendors without using paper checks.
Benefits of ACH for your business
- Cuts down on usage of paper checks
- Reduces fraud exposer from mailed checks
- ACH integrates seamlessly with your existing accounting software
- ACH files process at the same times daily, giving you reliable, predictable payment timelines
What is needed to enroll in ACH Origination?
- Commercial Checking Account
- ACH Application - get started here!
- Application is subject to underwriting review
- Fee of $25 per month, plus $150 one-time start-up fee
Is ACH right for my business?
If your business writes multiple payroll checks off of your Legacy State Bank business account, or your mailbox is full of outgoing vendor checks, then ACH Origination and all of its security benefits may be the right fit for you!
For more information or assistance, Contact Us Here.
E-Banking Questions?
Call (770) 554-2265 for more information