Automated Clearing House (ACH) Origination provides the mechanism to create electronic transactions, both collections and payments, with ease! Authorized customers are provided login credentials to our secure website where they can manage electronic payments and receipts thereby eliminating check writing, float, and waiting for checks to arrive by mail. Best of all, cash flow cycles become more predictable, thereby reducing stress and allowing you to focus on managing your business.
ACH Origination provides an alternative to wire transfers with two distinct differences:
Quail Creek Bank's ACH program will help your business optimize cash flow, improve accuracy and collections, increase customer satisfaction, and save time and money.
EDI Reporting Services
EDI, or Electronic Data Interchange, refers to the payment details which accompany many electronic payments. These details often include crucial information needed to accurately post accounts receivable payments. Authorized customers receive email notifications when payment details become available, often prior to receipt of the funds. EDI offers customers the ability to log onto the Federal Reserve database and directly download this information at their convenience, 24 hours a day, 7 days a week.