The First Citizens Automated Clearing House (ACH) service is a safe and convenient way to electronically collect bill payments for insurance, mortgage, utilities, loan payments, medical and Home Owner Association (HOA) Fees from your customers. ACH can also be used to collect various membership dues. The Automatic Payments service requires your customer to grant you authority to submit the transaction.
First Citizens Automatic Drafting ACH services deposits funds into your business account by debiting your customer for authorized one-time or recurring payments
Reduces float and you receive payments faster
Accommodates one-time and recurring payments
Reduces returned checks
Improves cash forecasting and cash flow
Provides detailed reports for transactions returned or information changed that you sent
Offers convenience to your customers and reduces their costs to make their payments
How the Service Works
Obtain authorization from your customer or employee to debit their account in writing.