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The service can be used to collect accounts receivable, pay payables, direct deposit payroll and all Federal and State taxes including sales taxes. The service is nationwide is scope. The service can be used to originate transactions between banks or between a business bank account in one state with the state tax office in the same or different state without having to use any one home state bank for passing through a transaction.
Electronic Funds Transfer - ACHPC can provide dedicated electronic funds transfer service without regard to other programs and competition for financial or personnel resources.
Check Conversion - The service can be used in conjunction with check readers for the conversion of checks that have been received at a counter or in the mail into electronic debits for ease of handling and quicker processing into available funds.