The ACH Network is a highly reliable and efficient nationwide batch-oriented electronic funds transfer system governed by the NACHA OPERATING RULES which provide for the interbank clearing of electronic payments for participating depository financial institutions. The American Clearing House Association, Federal Reserve ("FED ACH"), Electronic Payments Network, and Visa act as ACH Operators, central clearing facilities through which financial institutions transmit or receive ACH entries. The ACHA (American Clearing House Association) is one of the three private sector ACH operators in the United States. The FED ACH is the only public sector processor and currently handles approximately 85 percent of ACH transactions between financial institutions.

The FED ACH is an electronic payment delivery system owned by the Federal Reserve Bank. It is most often used to process low-dollar repetitive retail payments. Financial Institutions that are members of the FED ACH System send batches of credits and/or debits into the system, and the system sorts the items from all batches submitted, and routes them to the appropriate receiving financial institution. The system is used primarily for pre-authorized recurring payments such as payroll, corporate payments to vendors, Social Security payments, insurance premium payments and utility payments.

Better cash management means having greater control of your routine transactions and disbursement processes. Automated Clearing House (ACH) Services from Cash Benefits Inc.give you a more efficient and secure method of executing these critical transactions.

With ACH, you’ll save time, lower your transaction costs and enhance your control of funds. And while its functionality is robust, ACH maintains the typical ease-of-use of every product in Cash Benefits online cash management system.

With ACH Services you can easily initiate a number of transactions, including:
Direct deposit for payroll or expense reimbursement.
Vendor payments.
Pre-authorized debits such as membership dues, donations or annuities.
Cash concentration and disbursements.
Expense reimbursements.
State and Federal tax payments.

ACH Services can alse be accessed through a third-party vendor or through a direct transmission from your accounting or payroll system. You simply initiate these ACH transactions and transmit them to Cash Benefits Inc., and we forward them to the ACH system for settlement.

ACH Services from Cash Benefits Inc.. Better cash management begins with better tools.

THE WEB
PHONE / FAX
ACCOUNT RECEIVABLE
RECURRING PAYMENTS
MAKING PAYMENTS
RETURN CHECK PROCESSING
DIRECT DEPOSIT
ACH TERMS
ACH RETURN CODES