- Eliminate
trips to the bank. Electronic deposits can be made right from any
office computer with internet access. Multiple checks can be batched
and submitted together at the same time.
- Reduce banking costs.
An ACH transaction costs much less than
a paper check and considerably less than a wire transfer.
- Access funds 2 to 3 times faster. Utilizing the electronic
network, you can make your deposit as late as 5:00 p.m. and still have
funds in your account the next morning.
- Combines deposits from multiple locations.
Deposits from
multiple locations can all be deposited into the same account,
regardless of the location of the submitting office. East or west
coast, electronic deposits are handled the same.
- Utilize a more reliable system.
ACH transactions are made in
a timely, predictable manner, and have a lower margin for human error
than paper checks.