Pay your suppliers, vendors, government taxes and employees through PNC's Automated Clearing House services. You'll reduce costs while disbursing funds.
PNC provides flexible options for originating Automated Clearing House (ACH) entries along with expert staff to assist in the implementation and ongoing support of your program. We can assist your organization with both the technical and practical aspects of using the ACH network. Whether you leverage your own in-house capabilities or engage a third-party processor, some benefits you may receive by integrating ACH into your disbursement strategy include:
Direct Deposit allows you to automatically deposit funds into an employee's bank account via the Automated Clearing House (ACH) network. Direct deposit can also be used to disburse employee expense reimbursements, pension or annuity payments and shareholder dividends.
PNC's electronic payroll direct deposit and paycard also lets you offer employees an electronic and efficient method for receiving their recurring payroll whether they have a bank account or not. In combination, these services offer a cost-effective way to completely automate disbursement of wages and other payments to your employees.
Access to online financial services with the ability to quickly and efficiently initiate transactions and review account information through one source, without costly investment in software or complicated set-up procedures. Accessible through PNC's PINACLE®, PNC's top-rated online corporate banking portal, the ACH Module provides you with a user-friendly method of initiating and tracking your ACH transactions via the Web.
PNC offers two ACH Fraud Protection options to help you monitor and control ACH debits. You determine at the account level how you want to protect your accounts.
Please contact your Treasury Management Officer or Treasury Management Client Care (TMCC) at 1-800-669-1518 with any questions.
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