For companies with multiple locations, cash concentration through ACH (Automated Clearing House) electronic entries can speed the transfer of funds to a central deposit account, where they are available for productive use. ACH allows companies to control the frequency and quantities of funds to be transferred.

With ACH origination, companies can originate payroll payments to employee checking accounts, make Federal and State tax payments, and originate entries to collect receivables or make payments.

All these services are provided through the ACH Origination module of our Leumi Access Direct Banking system.

For more information please contact our Custom Business Services department at (917) 542-2174.