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Automated Clearing House (ACH)

Enjoy a simple, efficient way to disburse and collect payments with MBT’s Automated Clearing House services.

ACH Collection
Your customers authorize electronic debits from their accounts when payments are due, reducing late payments.  

ACH Payments
Make electronic payments when they are due, reducing late payments and eliminating time-consuming check writing.

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Features and Benefits

  • Improved forecasting with scheduled payments.
  • Operational efficiency and accuracy over manual check payment processing.
  • Fast conversion of receipts to cash flow cuts down float time.
  • Eliminates the need for check writing and mailing of regular disbursements.
  • Ideal for recurring disbursements including: payroll, annuity or pension payments, interest and dividends, expense reimbursements and accounts payable.

Processing Power

Transfer funds from one account to another, on a set date, with Monroe Bank & Trust’s Automated Clearing House (ACH) services. This simple, efficient system eliminates the need for paper-based collections and ensures your receivables are collected on time, increasing your cash flow. 

With MBT’s ACH services, customers authorize electronic debits from their accounts, which are immediately transferred to your MBT Business Checking account electronically. You’ll enjoy more reliable cash flow projections and immediate availability, while your customers will appreciate the convenience of not writing and mailing checks. 

Transfer funds from one account to another, on a set date, with Monroe Bank & Trust’s Automated Clearing House (ACH) Payments. This simple, efficient system eliminates the need for paper-based payment processes.  

With MBT’s ACH Payments, you no longer need to write and mail checks for regular payments. Rather, payments are disbursed electronically when you specify, ensuring that each is made on time. ACH protects you from costly and embarrassing overdrafts and provides you better control over your cash flow.  

ACH is the perfect process for recurring disbursement, including payroll, pensions, accounts payable and more.

Simply contact Business Services or call 800-321-0032 for more information about this smart solution.

 

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