Byline Bank Business Online Banking

ACH Filters Byline Bank’s ACH Filters helps your company monitor and control electronic payments coming to and from your account. You are in control by blocking all activity on an account basis, or setting up rules that determine which activity is allowed and which types of activity create an exception. Whenever an exception is noted, you will receive a notification and have the opportunity to review in Business Online Banking before making a decision to pay or return that item. When combined with Payee Positive Pay, your accounts can be protected from criminal or unauthorized activity. How it Works 1 When you set up the service, you will specify which accounts should never have ACH activity and will automatically have all debits blocked without need for any further action. Tip: Many business clients will limit the number of accounts that can accept ACH debits and block all activity from other accounts. This is a good practice for limiting risk, and also can save time monitoring activity 2 For other accounts, you may select different filters that determine which types of ACH transactions are allowed. For example, you may request exceptions over a specified dollar amount, or you may require a single approval or dual approval. 3 Each day, Byline Bank compares the ACH activity in your account to the filters you have designated. If an exception exists, you will be notified in the manner you have specified, either voice or text. 4 Once notified, securely login to Business Online Banking and view the details of the exception. You will then have a chance to decide whether to pay or return the transaction. 5 You may request to adjust your filters as needed to reflect your changing business. Byline Bank’s Customer Solutions Center is available to assist.

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