Reduce Paper Disbursement Costs and Enhance Payee Satisfaction

PNC provides flexible options for originating Automated Clearing House (ACH) entries along with expert staff to assist in the implementation and ongoing support of your program. We can assist your organization with both the technical and practical aspects of using the ACH network. Whether you leverage your own in-house capabilities or engage a third-party processor, some benefits you may receive by integrating ACH into your disbursement strategy include:

• More predictable settlement and cash flow
• Reduced lost check and fraud expense
• Increased payee satisfaction through prompt payment
  

PNC's ACH Credit Origination Services

Direct Deposit allows you to automatically deposit funds into an employee's bank account via the Automated Clearing House (ACH) network. Direct deposit can also be used to disburse employee expense reimbursements, pension or annuity payments and shareholder dividends. 

PNC's electronic payroll direct deposit and paycard also lets you offer employees an electronic and efficient method for receiving their recurring payroll whether they have a bank account or not. In combination, these services offer a cost-effective way to completely automate disbursement of wages and other payments to your employees.

Direct Deposit: ACH Origination

Electronic Payroll: Direct Deposit and PayCard

Access to online financial services with the ability to quickly and efficiently initiate transactions and review account information through one source, without costly investment in software or complicated set-up procedures. Accessible through PNC's PINACLE^®, PNC's top-rated online corporate banking portal, the ACH Module provides you with a user-friendly method of initiating and tracking your ACH transactions via the Web.

ACH Services available through PINACLE^®

PNC offers two ACH Fraud Protection options to help you monitor and control ACH debits. You determine at the account level how you want to protect your accounts.

• ACH Positive Pay, a module that is accessed through PINACLE^®, PNC’s top-rated online corporate banking portal, enables you to establish ‘rules’ for filtering ACH debits presented to your accounts. You may also review any ‘suspect’ ACH debits and decide which entries should be returned to the ACH originator as ‘unauthorized’.
• ACH Debit Block prevents ACH debits from posting to your account. When you establish the service, you also decide whether checks converted to ACH debits (POP, BOC, RCK, and ARC entries) should be automatically returned. You can review a report of any returned ACH debits through the ACH Positive Pay module in PINACLE.