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Streamline your collection process with Dollar Bank’s CashANALYZER® Management System Automated Clearing House (ACH) Module. You can initiate collection of remittances through authorized direct debits to their accounts. ACH direct debits can be used for the collection of rents, dues, subscriptions, membership fees or any other recurring payments to your organization.

Direct debits take the guesswork out of forecasting receivables. You put the settlement date on the ACH transactions. So you know exactly when the funds will be credited to your account and available for use.

  • Eliminates mail, processing and availability float – deposits are immediately available for use
  • Reduces cost of inter-bank transfers of funds – more cost effective than wire transfers
  • Maximizes use of funds by concentrating balances from other financial institutions
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