Automated Clearing House (ACH) for Disbursing Payments

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

Take advantage of PNC input channel choices when submitting your ACH credit instructions to PNC

• Automate ACH Initiation through PINACLE^®
• Direct file transmission in Nacha, ISO or EDI format
• Multi-payment API

All PNC ACH input channels support both traditional and Same Day ACH origination.

The PINACLE platform provides 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.  The PINACLE^® the ACH Module provides you with a user-friendly method of originating one-time ACH debit and credit entries, recurring entries via templates or batch import and also the upload of Nacha formatted files.

Direct Deposit allows you to automatically deposit funds into a payee’s bank account by submitting the payment instruction to PNC who then sends the payment via the Automated Clearing House (ACH) network. Direct deposit can be used to disburse employee pay, expense reimbursements, pension or annuity payments and shareholder dividends.

PNC's ACH credit origination service and PNC 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.

Another PNC service that incorporates ACH debit origination with additional service options and features is ePayments.

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.

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 platform, 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. You can review a report of any returned ACH debits through the ACH Positive Pay module in PINACLE.