Initiating funds transfers online to transmit electronically in the Automated Clearing House (ACH) system has many advantages over paper checks*:
- Collect receivables faster and improve cash flow
- Securely send your information via Allegheny Valley Bank’s software templates, provide your own files or use a third-party vendor
- Your instructions will be carried out via the ACH system and the appropriate accounts will be debited
- Your information is secure and dual control is highly recommended as an additional internal control
*Limits and fees outlined in ACH Origination Agreement.