Electronic Funds Transfer (EFT) provides quick and convenient electronic payments using the Automated Clearing House (ACH) network. Electronic payment gives you control over payment timing and eliminates check printing, mailing and filing costs.
EFT option comparison
Features |
One-time ACH |
Customer-initiated ACH |
EDI 820 |
Payment in one business day |
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Lowest cost |
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No check writing |
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Payment and timing control |
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Automatic payment |
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Works with EDI Billing |
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Option details
- One-time ACH Debit
Authorize us to make a one-time ACH debit from your bank account. A minimum debit of $500 applies. Contact us for more information.
- Customer-initiated ACH Payment
Instruct your financial institution when to make ACH bill payments to us.
- EDI 820 payment
Instruct your financial institution when to make ACH bill payments using the EDI 820 standard.
To get started, confirm you are able to make payments through CCD+ / CTX software.
- If you need software package assistance, contact your bank or National Automated Clearing House Association (NACHA).
- When you receive your bill, initiate payment using CCD+ / CTX software, authorizing release of funds from your bank
account to our bank account.
- Consider using the EDI 820 Payment in conjunction with our
EDI Billing program to maximize electronic billing and payment convenience.
- You do not have to receive your bill electronically to make an EDI 820 payment.
More information
For more information on any EFT option, contact our Business Center by email
or call 800-714-7777 between 8 a.m. to 5 p.m., Monday through Friday.
Questions and answers
What is the ACH CCD+ format?
Automated Clearing House Cash Concentration or Disbursement. The CCD+ format is a National Automated Clearing House Association (NACHA) ACH corporate
payment format with a single 80-character addendum record capability. The addendum record is used by the originator to provide additional information to
the payment recipient about the payment.
What is CTX format?
CTX (Corporate Trade Exchange) allows up to 9,999 addenda records with approximately 800,000 characters. Given this large addendum record capability, full
and complete remittance information can be transmitted with CTX payment. Therefore, one CTX payment may cover multiple invoices because full remittance
information will be transmitted to the vendor's financial institution together with the payment. The ACH CTX format includes an entire 820 transaction
set in its addenda records.
For more in-depth answers to other questions, contact your financial institution.