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Automated Clearing House (ACH) Collections from Mercantile Bank

ACH collections allow you to automatically draft your clients’ accounts for single or recurring payments (such as membership fees, dues, rental payments, and other payments).

For more information
Call our Treasury Management specialists at 877.255.6386.

Details

ACH collections allow you to control the timing of your receipts. Your customers simply authorize an electronic debit from their account on a specific date and you create electronic entries for those payments.

  • Eliminates bill preparation and postage expense
  • Increases collection time and availability of funds
  • Reduces delinquent payments and late-billing procedures
  • Reduces possibility of check fraud
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