Need to streamline your payments and collections process? Are you looking
for ways to accelerate funding and decrease the potential for fraud against
your company? Move money more efficiently through your business accounts
with Huntington’s Direct ACH.
Direct ACH enables you to transact business electronically.
The Automated Clearing House is a low-cost, electronic-funds transfer network regulated by the National Automated Clearing House Association (NACHA). Through the ACH network, you can make electronic payments to or from accounts at virtually every U.S. financial institution. Use Huntington’s Direct ACH to conduct important business transactions, including:
|•||Direct Deposit of payroll.|
|•||Pay vendors and creditors instead of mailing checks.|
|•||Debit customer account for things like rent payments or membership dues.|
|•||Consolidate funds from several accounts into one concentration account.|
|•||Make tax payments - federal, state and even local payments as well as state-mandated child support payments for your employees.|
You must be able to submit a properly formatted ACH file using File Transmission Protocol to enjoy these benefits using Direct ACH. Please allow at least two weeks for us to set up and test this process with you.
Huntington’s Direct ACH saves time and money, while improving productivity.
At Huntington, we understand you have a business to run. Direct ACH eliminates the time spent writing and processing checks and standing in line at the banking office. ACH also reduces check printing and postage costs. As a result, your control increases along with your ability to collect payments automatically, predict cash flow accurately and re-deposit returned transactions promptly.
Because Huntington’s Direct ACH connects you to all NACHA affiliated
financial institutions, including Canadian banks, you can pay or collect
authorized funds from any bank, anywhere. We handle all the technical
details, freeing you to focus on your business.
To learn more about Direct ACH, contact a Business Banker at your local banking office or call Business Direct at 1-800-480-4862 Monday to Friday between 7:30 a.m. and 6:00 p.m. ET.