Citi has been providing high-quality Automated Clearing House (ACH) Payment and Receivables Solutions to our clients for over two decades. We offer a full range of solutions that include the collection of consumer payments via the telephone, Internet or check-to-ACH conversion, as well as payments to employees and vendors.
ACH can streamline your payments and receivables processes for:
- Consumer-initiated bill payments and pre-authorized debits
- Direct deposit of payroll, pension payments and T&E reimbursements
- Vendor payments
- Mortgage and tax payments
- Dividend payments
- And a growing number of other ACH-facilitated applications
When you use ACH to make payments to employees and vendors, your company will benefit from:
- Cost savings
- Improved account reconciliation
- Resource re-deployment
- Timely collection and cash flow
- Reduced processing costs
- Improved customer satisfaction
With either solution, you also enjoy a higher level of security. Client files come to Citi through our Automated Transmission Services.