Citizens Business Bank Business Online Banking Guide

Business Online Banking ACH Transaction Types

Type

Description

ACH Class Code

CCD, CTX and PPD

ACH Pass-Thru

Upload a NACHA-formatted file.

ACH Payment

Send a payment to one recipient.

CCD and PPD

ACH Batch

Send a payment to multiple recipients.

CCD and PPD

ACH Receipt

Receive a payment from one recipient.

CCD and PPD

Receive a payment from multiple recipients.

ACH Collection

CCD and PPD

Send payroll to multiple recipients. If necessary, a payment to one recipient can be split to credit multiple accounts.

Payroll

PPD

Send federal, state or local tax authority payments.

Tax Payment

CCD

Note : PPD: Prearranged Payment and Deposit CCD: Corporate Credit or Debit CTX: Corporate Trade Exchange

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