HFB Online Banking and Mobile App Business User Guide

8

Getting Started

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 (318) 841-5330 for a full list of wire and ACH fees or if you have any questions. Business Online Banking Transaction Types Transaction Type Overview

Type

Description

Upload a NACHA-formatted file.

ACH Upload

One-Time Payment

Send a payment to one recipient.

Send/Receive

Send a payment to several recipients.

Import a list of recipients and amounts.

ACH Import

Domestic Wire

Send a wire to a recipient within the US.

Send a wire to a recipient in a different country. Create batches with sensitive information that will prevent additional ACH operators from seeing sensitive information. Send payroll to several recipients. If a recipient has more than one account, you can split that payment into several accounts.

International Wire

Payroll/ Restricted Batch

Tax Payment

Send federal tax authority payments.

Getting Started: Transaction Type Overview