Automated Clearing House (ACH) Online Services
First PREMIER Bank's ACH Online is a great tool that you can use to help your company save on operational costs while improving cash flow by electronically collecting payments or automatically consolidating deposits made at other banks.
Transactions are originated electronically through the Automated Clearing House (ACH) network. ACH Online is cost-efficient, easy to use and allows you to:
- Access direct deposit applications to provide a way for your business to pay out monies electronically, such as payroll, expense reimbursement, etc.
- Utilize withdrawal applications to give your company the opportunity to collect recurring charges from customers, such as rent, utility payments, membership fees, etc. without the processing and clerical expense of paper transactions.
For your security, enrollment must occur at a First PREMIER Bank location by an authorized signer of the account.
ACH Online Pricing
Monthly Fee: $25
Per Item Fees (Less than 250 items per month): $.25
251 - 500 items per month: $.20
500+ items per month: $.18
Bid pricing available for businesses with a large number of transcations
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