ACH Origination
Take the work out of paying bills and collecting money.
What is ACH Origination?
With ACH Origination, you can make and collect payments online automatically. Simply pre-authorize specific banking transactions using our online service. Then we'll take care of the rest. ACH Origination is an easy and cost-effective way to make payroll disbursements via Direct Deposit, make Federal and State tax payments, make and collect business-to-business payments, make monthly charitable donations and more.
Why would I use it?
ACH Origination is ideal for any business that wants to streamline bookkeeping and reduce the hassle and expense of making all payments by check.
How your Company benefits.
- Save money by eliminating excessive check writing and handling. There's no printing, postage or storage costs.
- Save costly back-office time by reducing account reconciliation.
- Eliminate expensive "stop payment" fees due to lost checks.
- Reduce fraud exposure due to lost or stolen checks.
- Get more accurate cash flow projections because you control the timing of payments.
Additional benefits:
- Keep your companyís cash working for you with our Line of Sweep services.
- Make cash management even easier by paying bills and collecting funds electronically with ACH Origination.
- North Shore Bank offers Paycheck Plus™ Payroll Card that allows employers to pay employees with direct deposit, even if they do not have a bank account.
- Enjoy all the advantages of a North Shore Bank's Business Credit Card. Apply online or call 1-800-892-3263 any day between 7:00am and 11:00pm CST and reference priority code FRL9.
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Member FDIC | © 2009 North Shore Bank | Phone: 877.672.2265