ONB Bank Business Banking Online and Mobile User Guide
6
Getting Started
ACH payment method is offered through Business Banking Online. Wire Transactions will need to be set up by contacting the bank directly. Both methods are quick, electronic payments. ACH transactions can be sent as a single or batch process, and funds are generally not available until the next business day. Business Banking Online Transaction Types Transaction Type Overview
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.
ACH Receipt
Initiate a payment from one recipient.
ACH Collection
Initiate a payment from several recipients.
Import a list of recipients and amounts.
ACH Import
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.
Payroll/ Restricted Batch
Getting Started: Transaction Type Overview
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