Republic Bank Business Online Banking Corporate User Guide
8
Various types of payment methods are offered through Business Online Banking, including wire and ACH transfers. Though they are both quick electronic payments, wires are the fastest way to transfer money between accounts. ACH transactions are done using a batch process, and funds are generally not available until the next business day. Please call us at 888-584-3600 for a full list of wire and ACH fees or if you have any questions.
Business Online Banking Transaction Types
Type
Description
Send a payment to one or more recipients.
ACH Batch
Receive a payment from one or more
ACH Collection
recipients.
Domestic Wire
Send a wire to a recipient within the US.
Send a wire to a recipient in a different
International Wire
country.
Foreign Exchange (FX) payments in currencies other than USD.
International Payments
Send payroll to several recipients. If a recipient has more than one account, you can split that payment into several accounts.
Payroll
Send payments to Federal or State taxing
Tax Payment
authorities.
Getting Started: Business Online Banking Overview
Made with FlippingBook - Online Brochure Maker