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ACH Origination

Century Bank provides ACH (Automated Clearing House) services which give you with the ability to transfer funds electronically without the use of paper checks.

Transactions involving deposits and the collection of payments on behalf of employees, customers, or suppliers can be sent to any of more than 16,000 ACH member financial institutions. This means you can save time and money by using pre-authorized electronic transactions rather than using costly and time consuming paper based options.

Other benefits of ACH origination

• Improved forecasting and cash flow
• Predictable collection dates and amounts
• No more payment day confusion
• Cost reductions -- less postage, bill preparation, mailing and processing
• Reduced delinquencies, second notices and subsequent reminders
• Elimination of 'collection float'