Business Online Banking Guide Platinum Bank

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ACH ACH Overview

ACH, which stands for Automated Clearing House, is an electronic payment system used for the secure and efficient transfer of funds between financial institutions. ACH transactions can be processed same-day if initiated before 2 PM Central Time (CT) but does not transfer instantaneously. This delay in processing allows for the consolidation and efficient handling of multiple transactions

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In the Payments tab select ACH . A. Click the icon to filter batches by type. B. Click the History tab to view your ACH history.

C. Click the Create ACH button to create a new ACH batch. D. Click the Upload ACH button to upload a new ACH batch. E. Click the Set import layouts button to map uploaded files’ layout. F. Click the Search recipients button to search your recipients. G. Click an active ACH batch to view more details, make edits or delete.

ACH: ACH Overview