Enterprise Bank and Trust Corporate Online Banking User Guide

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ACH Collections Depending on your user rights, you can create a template for ACH Collections. ACH Collections allows you to collect multiple transactions from multiple recipients. Creating a template helps reduce mistakes and keeps payments consistent.

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In the Commercial tab, click ACH/Wires . 1. Select a template type using the New Template button and choose “ACH Collections.” 2. If you need to change your payment type, click the “Change Type” link. 3. If you are adding more than one recipient, you can upload a Comma Separated Values (CSV) document by clicking the “Import Amounts” link. This option only appears when more than one recipient is selected. 4. Enter the template name. 5. Select the users that have access to the template by clicking the link. 6. Select an SEC code using the drop-down. For the SEC code, select either Individual (PPD) or Company (CCD).

Note: PPD is primarily used for payments and deposits involving consumer accounts, such as direct deposit of payroll or recurring payments like utility bills. CCD is used for transactions involving corporate or business accounts, such as vendor payments or cash concentration between business accounts.

7. Enter the Company Entry Description. 8. Select the To Subsidiary account, if required.

Payments: Creating a Template