Nusenda Credit Union Commercial Mobile and Internet Banking

7

Various types of payment methods are offered through Commercial Mobile and Internet Banking, including wire and ACH transfers. Though they are both quick electronic payments, wires are the fastest way to transfer money between accounts. ACH transactions are done using a batch process, and funds are generally not available until the next business day. Please call us at 505-889-7755 (800-347-2838 outside the Albuquerque area) for a full list of wire and ACH fees or if you have any questions.

Business Internet Banking Transaction Types

Type

Description

ACH Pass-Thru

Upload a NACHA-formatted file.

ACH Payment

Send a payment to one recipient.

ACH Batch

Send a payment to several recipients.

ACH Collection

Receive a payment from several recipients.

Domestic Wire

Send a wire to a recipient within the US.

Send a wire to a recipient in a different

International Wire

country.

Send payroll to several recipients. If a recipient has more than one account, you can split that payment into several accounts.

Payroll

Getting Started: Commercial Internet Banking Overview

Made with FlippingBook Digital Publishing Software