Kitsap Bank Cash Management User Guide

9

Getting Started

Various types of payment methods are offered through Cash Management Online Banking, including wire transfers, funds transfers and ACH payments. Transaction Type Overview

Cash Management Online Banking Transaction Types

Type

Description

ACH Single Payment (Credit)

Send a payment to one recipient.

ACH Payments (Credit)

Send payments to several recipients.

ACH Single Receipt (Debit)

Receive a payment from one recipient.

ACH Collection (Debit)

Receive a payment from several recipients.

Domestic Wire

Send a wire to a recipient within the US.

Send a wire to a recipient in a different country.

International Wire

Send payroll to several recipients. If a recipient has more than one account, you can split that payment into several accounts.

Payroll (Credit)

Tax Payment (Credt)

Send federal, state or local tax authority payments.

Note : If your company needs access to Wage Garnishment please contact us at 800.283.5537, option 7 send us a secure message via Cash Management or contact your Commercial Payments Advisor

Getting Started: Transaction Type Overview