CrossFirst Bank Corporate and Treasury Guide

6

Various types of payment methods are offered through Business digital banking, including wire and ACH transfers. Though they are both quick electronic payments, wires are the fastest way to transfer money between banks. ACH transactions are done using a batch process, and funds are generally not available until the next business day.

Business Digital Banking Transaction Types

Type

Description

ACH Upload

Upload a NACHA-formatted file.

Send a payment to one, or several

ACH Batch

recipients.

Receive a payment from one, or several

ACH Collection

recipients.

Domestic Wire

Send a wire to a recipient within the US.

Send a wire to a recipient in a different country in either USD or Foreign Currency.

International Wire

Send federal, state or local tax authority

Tax Payment

payments.

Getting Started: Business Digital Banking Overview