Bank of Akron Business Mobile App User Guide

4

Getting Started

Various types of payment methods are offered through Business Online Banking including wire and ACH transfers. While both methods are quick, electronic payments, wires are the fastest way to transfer money between accounts. ACH transactions can be sent as a single or batch process, and funds are generally not available until the next business day. Please call us at 716-542-5401 for a full list of wire and ACH fees, or if you have any questions. Business Online Banking Transaction Types Transaction Type Overview

Type

Description

Upload a NACHA-formatted file.

ACH Upload

ACH Initiate

Send a payment to one payee.

ACH Batch

Send a payment to several payees.

Import a list of payees and amounts.

ACH Import

Payroll Batch

Send payroll to several payees.

Getting Started: Transaction Type Overview