Speed and efficiency in initiation, collection, concentration and disbursement of funds are an important economic consideration for a company of any size. Automated Clearing House (ACH) service from Frost is a dependable collection and payment system, with the speed and efficiency you are looking for.
QUICKLY MANAGE A VARIETY OF TRANSACTIONS
- Direct Deposit offers a safe, convenient way to pay your employees, wherever they may bank.
- Preauthorized Debits electronically collects money from your customers.
- Cash Concentration quickly transfers funds to your Frost account from other banks.
- Disbursements allow you to move money from your Frost account to another bank in a cost-effective manner.
- Vendor Payments permit you to pay your obligations and include additional invoice information about the payment.
- Tax Payments enable you to pay both federal and state agencies electronically.
- Child Support Payments streamlines sending child support payments to the state.
EASY TRANSMISSION OPTIONS
- Cash Manager, Frost Bank’s Internet banking service.
- File Transfer Protocols (FTP sites).
ADVANTAGES OF AUTOMATED CLEARING HOUSE SERVICES
- Reduce the number and cost of payroll checks you prepare and reconcile.
- Reduce your cost of billing and collections by electronically collecting repetitive payments.
- Eliminate postage and mailing expenses.
- Reduce the risk of check fraud.
PROTECT YOUR ACCOUNTS FROM UNAUTHORIZED ACTIVITY
- Block the receipt of all inbound Automated Clearing House transactions from unauthorized clients.
- Authorize only certain activity to post to your account based on transaction type.
Download our Automated Clearing House Services Product Sheet