Republic Bank & Trust

ACH Processing

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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.

Benefits:

Common Applications:

Types of ACH Processing

How It Works:

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. 
 

Requirements:

 

ACH Rules Awareness & Updates Guide

 

Need more information? Contact one of our Treasury Management Specialists at 1-866-534-2341.

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