Southside Bank ACH and Wires Guide

Step 3 of 5: Origination Details Whether creating a new ACH or wire payment template or generating a new ACH or wire payment, you will need to define the following (required information will vary based upon the type of payment you are sending): • Whether the is payment/collection is for a company or individual • The description of the payment/collection to be passed • The account to withdraw/deposit to • The effective date and frequency of the payment/ collection

SENDING A PAYMENT: SINGLE AND TEMPLATE

Choose the SEC code by selecting either Individual (PPD) or Company (CCD). Enter a company entry description, select which subsidiary to use and select an account using the search bar. To send a wire you will only need to select a subsidiary and account.

Select the effective date using the calendar feature. Effective Date : The date the payment takes effect. If the effective date lands on a non-business day, your bank will process the payment the business day after the effective date. ACH payments, payroll and tax payments require an effective date. Process Date: Wire transfers require a process date. The process date is the day your wire will process.

After you select your effective date, click the “Set Schedule” link and enter how often you would like your payment to recur.

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