Do you have administrative staff that needs access to account information, pay bills, transfer funds between accounts, or download account information into accounting software? Do you have employees on Direct Deposit? Does your business have recurring Direct Debit authorizations to automatically deduct from your customers’ accounts? Integrated seamlessly into Digital Banking, Cash Management offers all of these advanced features and more.
Cash Management Features
Cash Management Benefits
This service allows business customers to create Automated Clearing House (ACH) transactions by accessing our Digital Banking software, World Wide Banker (WWB).
IMPORTANT: Some payroll and billing software programs have a module that allows them to enter employee deposit information or customer billing information. A NACHA formatted file can be created that allows them to import into World Wide Banker (WWB) Cash Management. If the software programs do not have this module, the business customer would need to enter the information directly into WWB Cash Management batches (files), update net amounts and effective dates. An authorization needs to be signed by their employees or customers with their bank information to allow the PPD (Prearranged Payment and Deposit) transactions to be processed.
Service | Amount |
ACH Origination One-time Setup Fee | $100.00 |
ACH Monthly Fee | $10.00 |
ACH Origination Per Batch (File) Fee | $1.50 |
ACH Origination Per Item Fee | $0.10 |
ACH Returned Item | $4.00 |
ACH Notification of Change |
$1.00 |
ACH Secure Tokens | First Two Tokens - Free Additional Tokens - $10.00 Each |
Same-Day ACH Per Batch Fee | $5.00 |
Same-Day ACH Per Item Fee | $1.00 |
To sign up for Cash Management and/or ACH Origination, contact our Business Deposit Specialist, Lynn Backlund, today!
*Same-Day ACH requires an additional level of responsibility to ensure that only items intended for same-day are sent same-day. This requires that our customers who are interested in Same-Day ACH sign a new ACH Agreement and understand the rules and how Same-Day ACH items are processed.