If you have a business account with PNC Bank, you can use its ACH payment tools to pay your business' vendors, suppliers and employees. Just contact PNC Bank to ask for the help of its ACH specialists, who will help you find the right ACH payment solution for your business. Once you have one set up, sending ACH payments is fast and easy.
If you have a PNC Bank account, there are multiple ways you can move money between your accounts or between your account and one belonging to somebody else. However, ACH transfers are only available to PNC Bank business accounts. They cannot be made by somebody with a personal account. To learn more about making ACH payments with your business account, keep on reading.
There are two kinds of electronic transfers between banks. Wire transfers are fast, and they usually come with a fee. ACH transfers have no fee, but they can take a couple of days to process. You can use PNC Bank's online banking tools to pay your vendors, suppliers and employees with ACH transfers.
Because each business has its own unique needs when it comes to ACH payments, PNC Bank does not have a single, simple tool for making them. Instead, it has the PINACLE platform and a staff of experts who will help you set up the right ACH payment solution for your business.
Once you have a PNC Bank ACH system set up, sending ACH payments to your vendors, suppliers or employees is quite simple. You can organize your payees by group (such as employees, priority suppliers and so forth). All you need to do then is go to the Make Payment page and select that group. Then, just enter an amount, date and an account to pay from in the fields provided.
To get the help of PNC Bank's ACH specialists in setting up ACH payment solutions for your business, just contact a PNC Bank customer service representative. You can reach one by phone, chat or the PNC Bank help forum.
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