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    ACH Processing

    The Automated Clearing House (ACH) is an electronic payment network used by individuals, corporations, businesses, financial institutions, and government entities. Approximately 98% of the nation's commercial financial institutions participate in the ACH Network.


    • Reduces the costs of electronic fund transfers by allowing the transfer of credit or debit entries to savings accounts, demand deposit accounts, loan accounts, and other accounts.
    • Eliminates costly wire transfers

    Common Applications:

    • Direct deposit of payroll
    • Payment of federal tax payments utilizing the Electronic Federal Tax Payment System

    Types of ACH Processing

    • PPD Prearranged Payment/Deposit
    • CCD Cash Concentration/Deposit
    • CCD+ Cash Concentration/Deposit plus Addenda
    • CTX Corporate Trade Exchange
    • PPB Prearranged Book Transfer (intrabank)

    How It Works:

    • You initiate ACH transactions via our Business Online Banking application or other agreed upon format. Certain addenda may be included with the payment, such as invoice number and date.
    • Republic Bank translates and formats your data in order to send to the receiving bank, which then translates and reports the payment and addenda information for your vendor.
    • Republic Bank has four "windows" or transmission times: 6:00 AM, Noon, 4:00 PM, and 7:30 PM. (Eastern Time)

    Security Tokens:

    To reduce the potential of unauthorized access, we have introduced the use of security tokens. These devices generate a new 6 digit code every 60 seconds to ensure a maximum level of security!

    security token

    All wire and ACH clients are required to use a security token to release ACH and/or wire transactions via the Business Online Banking platform. 


    • Completion of an ACH Application which is underwritten by Republic Bank
    • Completion of a signed ACH Agreement

    ACH Rules Awareness & Updates Guide


    Need more information? Contact one of our Treasury Management Specialists at 1-866-534-2341. Information 1-888-782-3333
    Taxpayer Assistance 1-866-581-1040
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