Payables

With our suite of Payables services, you can enjoy the benefits of efficient payment processing, cost reduction, and enhanced security. From Automated Clearing House (ACH) Services for electronic payments to Online Wire Transfers for convenient fund transfers, we provide the tools you need to manage your payables with ease.

Here at CUTX we offer a full platform of ACH applications for all your payment needs, right at your fingertips. Speed and efficiency in initiation, collection, concentration, and disbursement of funds are important—with direct deposit, it is an effective way to send payroll electronically to employees, vendor payments to business partners, streamline expense reimbursements, or submit Health Savings Account contributions.

Advantages of utilizing ACH Services1

  • Reduce your cost of billing and collections by electronically collecting repetitive payments.
  • Eliminate postage and mailing expenses.
  • Reduce the number and cost of payroll checks you prepare and reconcile.

Quickly protect your accounts from unauthorized transactions

  • Monitor and control all incoming ACH transactions, reducing ACH fraud risk
  • Automatically block or filter all incoming ACH credits, debits or both
  • Reduce the risk of check fraud.

Online Wire Transfer1

Enjoy the convenience of initiating, approving and submitting same-day and future-dated domestic and foreign wires with online wire transfers. Wires can be processed via our business online banking platform

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Payables Features

Cost Reduction

Electronically collecting repetitive payments reduces the cost of billing and collections, eliminating the need for postage and mailing expenses.

Efficiency

Say goodbye to the hassle of preparing and reconciling numerous payroll checks. ACH streamlines the process, saving you time and effort.

Security

Protect your accounts from unauthorized transactions by monitoring and controlling all incoming ACH transactions. Automatically block or filter incoming ACH credits, debits, or both, to reduce the risk of fraud.




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Payables FAQs

ACH services are accessible within your online banking portal. Login here and start using these account perks, today!
















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Financial Calculators

1Additional fees will apply. Please see Business Account Fee Schedule and Rate Sheet.