Make your receivables unbelievably simple with the help of Automated Clearing House collections to help you improve funds availability and cash flow forecasting.

Automated Clearing House (ACH) collections, one of California Bank & Trust’s Treasury Management solutions,[cite::111::cite] helps you maximize cash flow while streamlining business operations and gaining efficiencies.

Schedule Collections

ACH simplifies the receivables process by allowing you to automate one-time and recurring receivables. In the process, virtually every aspect of your business operation is enhanced.

Managing collections through ACH lets you improve funds availability and cash flow forecasting:

• Time incoming payments with payment schedules
• Collect recurring receivables through pre-authorized withdrawals from customer accounts
• Reduce mail and check processing float
• Eliminate the need to deposit checks, track and collect late payments, and handle statements and coupons manually
• Receive return item information as soon as the next business day
• Control timing of disbursements

Improve Operational Efficiency

Use ACH to make your business run more smoothly and enhance financial controls.

• Quickly send domestic same-day ACH debit entries of $1 million or less to business or consumer accounts
  
• Payment instructions are sent in an industry-standard National Automated Clearing House Association (NACHA) format
• Future-dating of transactions is available
  
• Daily activity can be viewed online
• Return Reports are transmitted to you through:
  • Treasury Internet Banking
  • Fax
  • Secure File Transmission (SFTP)