"What's Changing" Summary

What’s changing? | ACH

ACH Cut Off Times Current State —The current Next Day ACH cut off time is 3:00 p.m. CST. In ANB Go Business —The Next Day ACH cut off time is 6:30 p.m. CST in ANB Go Business. Initiated ACHs will be sent to the bank hourly during business hours for processing. In addition, initiated ACHs cannot be edited or deleted after the transaction has been sent to the bank for processing. Prefunded ACH Current State —Payroll, Single Payment, Payments Batch and Tax Payment transactions are all prefunded. Funds are debited from your account 1-2 days prior to the effective date. In ANB Go Business —ACH Payments will continue to be prefunded. If you have dual control, funds will be debited from your account the day the transaction is approved. If you do not have dual control, funds will be debited from your account the day the transaction is initiated. We recommend you initiate or approve ACH transactions no sooner than 1-2 business days prior to the effective date. Payroll, Single Payment and Payments Batch Current State —Payroll, Single Payment and Payments Batch ACHs are originated by: 1. Clicking “Payments” under the Commercial menu option 2. Select “Payroll”, “Single Payment” or “Payments Batch” under New Payment or New Template In ANB Go Business —In ANB Go Business, ACHs are originated by: 1. Clicking ”Initiate” or “Create Template” in the Payment Center 2. Select “Corporate Payments” or “Consumer Payments” Tax Payment Current State —Tax Payment ACHs are originated by clicking on “Tax Payment” under the Commercial menu option.

Single Receipt or Receipt Batch Current State —Single Receipt or Receipt Batch ACHs are originated by: 1. Clicking “Payments” under the Commercial menu option 2. Select “Single Receipt” or “Receipt Batch” under New Payment or New Template In ANB Go Business —ACHs are originated by: 1. Clicking “Initiate” or “Create Template” in the Payment Center 2. Select “Corporate Collections” or “Consumer Collections” Transaction Import Current State —ACH transactions can be originated via an ACH Import or NACHA file. In ANB Go Business —ACH transaction cannot be originated via an ACH Import or NACHA file. If you wish to originate ACH via an ACH Import or NACHA file, please contact the bank. Payees Current State —ACHs are originated via a new payment, new template or an available template in the “Payments” section under the Commercial menu option. In ANB Go Business —ACH payees will need to be created prior to creating an ACH. Payees are created in the Payee Directory. Once created, ACHs are originated through the Payment Center. A one-to-one payment will be sent from the Payment Center to Business or Individual payees. Employee payments can be sent in batches to payees designated as “Employee.” Step by step instructions are available in the user guide. Templates Current State —ACH batch templates can be saved for repeated use. In ANB Go Business —Templates are not available in ANB Go Business. However, a Payee Directory is available. Existing template recipients have been converted to payees in the Payee Directory. You will need to review your payees and ensure they are categorized appropriately as “Business”, “Individual” or “Employee”. If a payee is not categorized as an “Employee”, they cannot be used for Employee batch payments.

In ANB Go Business —ACHs are originated by: 1. Clicking “Initiate” or “Create Template” in the Payment Center 2. Select “Tax Payment”

ANB GO BUSINESS— SELECT 5