The Commerce Bank: Online Banking Commercial Guide


Getting Started Creating a Template

If you are assigned Draft or Approval rights, you can create a template for recurring transactions. A template is a pre-made payment model. It contains detailed directions that can be used for repeated transactions. Using a template helps reduce mistakes, assign tasks and control payments. It’s best practice to use a template if you are sending payments to: • Vendors or suppliers • Collections from clients • Payroll An SEC code is a three letter code that describes how a payment is authorized by the consumer or business receiving an ACH transaction. Use PPD when sending to personal accounts, CCD for corporate. If you would like more information on SEC codes, please reach out to client service.

Getting Started: Creating a Template

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