Enterprise Bank and Trust Corporate Online Banking User Guide

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ACH Single Receipt You can draft or create a new ACH Single Receipt in just a few steps. ACH Single Receipt collections are great for requesting frequent recurring transactions.

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In the Commercial tab, click ACH/Wires . 1. Select a template type using the New Payment button and choose “ACH Single Receipt.” 2. If you need to change your payment type, click the “Change Type” link. 3. 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.

4. Enter the Company Entry Description. 5. Select a To Subsidiary account, if required. 6. Select an account. 7. Select the effective date using the calendar feature. 8. Set up a recurrence.

Payments: Sending a Single Payment