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Upon a Signed Agreement with First State Bank, and a signed authorization for First State Bank Online Services, you may go online to initiate an ACH transaction to debit or credit your account electronically and debit or credit another bank account electronically at another financial institution.
An ACH is an electronic fund transfer made between banks and credit unions across what is called the Automated Clearing House network. ACH is used for all kinds of fund transfer transactions, including direct deposit of paychecks and monthly debits for routine payments.
Contact the bank. If you are the one waiting to receive a payment, you should contact your own bank with the ACH trace number. You may have to contact the payer for these details. If the payee is the one waiting for the transaction to clear, they should contact their bank.
To make an ACH payment online, log into your ACH provider, select the vendor you want to pay, and input the payment amount you want to send. Its that simple to make online ACH payments! The simplicity and flexibility of ACH payments can help increase business sales and grow your customer base.
First Bank provides ACH Positive Pay that allows business to collect payments from their customers, make payments to their vendors, and deposit payroll funds into their employees bank accounts.
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