Direct Deposit & Direct Payment
Make and receive payments without checks
Whether your business needs direct deposit for employees or more reliable customer billing, Heritage Oaks Bank has the solution. Automated Clearing House (ACH) Origination puts you in control of your money. With ACH, you can move money, pay employees and collect bills electronically, all with a few keystrokes.
- Issue credits, issue debits or do both depending on your individual business needs
- Secure web-based software allows you to process deposits and payments when it's most convenient for you
- Save both time and money compared to processing with paper checks. Just $18.00 per month and $.05 per transaction fee1
- One day turn-around. Deposits and payments are effective the next business day2
- Once approved, a Heritage Oaks Bank representative will be there for you throughout the set-up process
Direct Deposit:
- Process employee payroll, expense reimbursements, tax refunds, pensions, dividends and bonuses easily and more affordably than paper checks
- Increased benefits for employees - no trips to cash or deposit payroll checks, quicker access to funds and increased confidentiality. Eliminate problems with lost or stolen checks
- Pay employees on vacation or out due to illness
Direct Payment:
- Process customer billing with direct payment and speed up collection of funds. Plus, direct payment eliminates floats for outstanding checks and check reconciliation hassles
- Make state and federal tax payments
- Collect reoccuring payments without the reoccuring efforts
- Gain immediate access to funds the day the money is due
- Charitable organizations can save administrative costs by collecting pledges electronically
Combine the strength of Heritage Oaks Bank with the ease of managing your finances at your convenience. Find out if ACH is right for your business by contacting an eBanking Representative at 805.369.5200, option 4 or ACH@heritageoaksbank.com.
Send credits and debits quickly and affordably. Expect solutions your business can count on - expect more with Heritage Oaks Bank.
- 1 Additional costs include $2.00 per returned item and $1.00 per Notice of Change (NOC).
- 2 ACH files must be received by 12pm in order to be effective the next business day.