ACH Collections

Accounts Receivable at First Clover Leaf Bank

First Clover Leaf Bank’s Automated Clearing House (ACH) Collection services can be used to collect fees owed to your company like membership dues, rent and other vendor receivables. During the ACH Collections process, your clients’ accounts can be debited; or, you may want to consolidate funds from your other bank accounts into your First Clover Leaf Bank account . This convenient method of collection creates more working capital for you to use when you need it. How does this benefit your company? It streamlines cash flow for your business while containing costs, reducing risks and improving control over receipts.

Call 618-656-6122 to speak with Treasury Management about ACH Collections.

Speed Up Payments with ACH Collections

No need to worry about receiving payments on-time when you use ACH Collections for your clients, customers, donors and more. Debits can be set up on a specific date with proper pre-authorization. Read more about the benefits of ACH Collections for your St. Louis area business:

• Manage income efficiently, securely and accurately with automatic funds collection from a predetermined payment list.
• Increase staff production with reduced time spent on processing paper checks and remittance documents.
• Never lose another transaction when all initiated repetitive or one-time consumer or corporate payments are tracked.

Treasury Management is ready to help you get your payments in order. Contact us to learn more about ACH Collections now.