Receivables (Cash Inflows) - Automated Clearing House

In order to access the ACH network a company must send instructions in a standard format to its originating bank, which passes them to the network that will then affect settlement on a future date. ACH can be used to debit your accounts at Country Club Bank (preauthorized debits) or concentrate funds from other bank accounts.

Benefits

• Increases your control over funds movement and settlement.
• Allows each transaction to be easily tracked and never lost.
• Allows transactions to be initiated for repetitive or one-time payment.
• Reduces the cost of disbursement, eliminating the need for payroll checks, which lowers administrative costs due to writing checks and mailing bills.

For more information please email a Treasury Management Representative , or call (816) 931-4060.