Investors ACH-EDI Service

Process your ACH payments and remittance information more efficiently

With Investors ACH-EDI service, you can streamline your payment processing functions with faster reporting of your ACH and Electronic Data Interchange (EDI) activities. EDI data is attached to the ACH payment and includes payment-related information such as the invoice number(s) and/or the beneficiary that should be credited for the payment received. Investors will electronically capture your ACH payments and translate the payment-related EDI information into easy-to-read reports. Investors includes all of the addenda record data received with the payment, which is sent directly to you via a secure e-mail.

If you already originate ACH through Investors, you will also receive your Return Items and Notice of Change (NOC) reporting through the same secure e-mail channel. Plus these reports will be delivered to you even more quickly than before.

• Investors configures your account to electronically capture and report your ACH-EDI activities.

• Originating banks will send the monetary transaction and payment data in a standard ACH format.

  number(s), that should be credited.

• Based upon the transaction set used by the originator, payment information is captured, translated and securely transmitted to
  your e-mail in report format.

• You can immediately identify the source of the transaction and its associated payment details.

• Receive easy-to-read and up-to-date reports of ACH and EDI payment transactions.

• Enhanced payment reporting with more descriptive information than either an account statement or through online banking.

• Reconcilement of accounts receivables is achieved more quickly.

• Record-keeping errors are minimized.

• Administrative costs are reduced by eliminating paper invoices.

• Fraud protection is increased since ACH payment details are often available even before the transaction is posted to your account.
  Earlier payment alerts can reduce financial loss when unauthorized ACH debits are identified and returned prior to ACH return
  item deadline—24 hours after posting.

• Investors can deliver the reports to multiple e-mail addresses at your company. Data is stored in your secure ACH-EDI Interpreter 
  inbox for up to 60 days and can be accessed 24/7.

Ask About Account Analysis

If you are an Investors Commercial Checking customer, you can add Account Analysis as an alternate way to pay for your banking services. Investors Account Analysis calculates an earnings credit based on the balances in your Commercial Checking accounts. The earning credit is then applied to offset the fees assessed for your services. You can also link accounts to pool balances from multiple checking accounts to maximize the earnings credit for all your balances. Investors can provide you with descriptive statements that show detail and summary account information, plus service charge detail to better understand the activity in your accounts.

Get Started Now

Visit your local branch to speak with an Investors business banker today.
Or, call 855-iBank4U (422-6548), Option 6, ext. 42954.
Or, E-mail Investors' Business Banking.