TransACH: Automated Clearing House

This effective cash management system allows any person or company with a bank account to send and receive payments automatically. It is ideal for time sensitive payments and values below $500,000.00.

Features

• This system makes funds available the day after the transaction is conducted.

Benefits

• Employee satisfaction- immediate access to funds means NO more payday disappointments and NO more unnecessary trips to the Bank.
• Cost Saving- NO manual cheque preparation means less administration and processing costs.
• Time Saving/ Increase Productivity- Frees up staff from printing, signing and reconciling cheques.
• More Secure- NO counterfeit or stolen cheques, no forged signatures, altered amounts, no manual handling!

For more information, contact our Operations Support Unit at 665-4425, ext. 204.