Direct Deposit Payroll and Auto Debit processing are convenient, reliable, and timely methods of transacting business through the Automated Clearing House (ACH). By eliminating mail delays and check clearing time frames, ACH makes it easier to forecast cash flow and reduce the risk of fraud.

At American Chartered, we have the flexibility of accepting and processing ACH information in the following ways:

• NACHA formatted ACH files, which can be submitted directly to the Federal Reserve Bank (the Fed) for distribution.
• Non-NACHA formatted files, which are run through a translator at American Chartered, creating a NACHA file, which is then submitted to the Fed for distribution.
• Faxed information, which is data entered at American Chartered and then submitted to the Fed for distribution.
• Submissions through our eCorp Internet Service.

American Chartered Bank also offers the ability to initiate and settle cross-border ACH transactions with Canada.

ACH transactions are more cost-effective than checks; they provide the convenience, reliability, and timeliness required to efficiently manage your cash flow; and reduce the occurrence of check fraud.

Please contact us today for more information!