OlyFed Business Digital Banking Resource Guide

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Various types of payment methods are offered through business digital banking, including domestic wire transfers and ACH payments. ACH transactions are done using a batch process and funds are not available for 2-3 business days. Please call us at (360) 596-9512 for a full list of wire and ACH fees or if you have any questions. Business Transaction Types

Type

Description

Payment from File Upload a Nacha-formatted file.

Receive a payment from one or multiple recipients. Send a payment to one or multiple recipients.

ACH Credit

ACH Debit

Domestic Wire

Send a wire to a recipient within the US.

Send a wire to a recipient in a different country.

International Wire

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

Payroll

Send federal, state or local tax authority payments.

Tax Payment

Getting Started: Business Digital Banking Overview