Decatur County/WesTN Business Online Banking Guide

5

Getting Started

Transaction Type Overview

Various types of payment methods are offered through Business Online Banking including wire and ACH transfers. Though 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 contact us at the Jackson branch – (731) 513-5730 and the Decaturville Branch – (731)852-2821 for a full list of wire and ACH fees or if you have any questions. Business Online Banking Transaction Types

Type

Description

Upload a NACHA-formatted file.

ACH Upload

ACH Payment

Send a payment to one recipient.

ACH Batch

Send a payment to several recipients.

Domestic Wire

Send a wire to a recipient within the US.

Note : Each Business must be approved to send ACH or Wire payments. Please refer to your ACH or Wire agreement for limits.

Getting Started: Transaction Type Overview