FBW Connect User Guide - Business Mobile

5

Getting Started

Various types of payment methods are offered through Business Mobile Banking including wire and ACH transfers. While both methods are quick, electronic payments, wires are the fastest way to transfer money between accounts. ACH transactions can be sent as a single or batch process, and funds are generally not available until the next business day. Please call us at 410-835-8906 for a full list of wire and ACH fees, or if you have any questions. FBW Business Connect Transaction Types Transaction Type Overview

Type

Description

Upload a NACHA-formatted file.

ACH Upload

ACH Payment

Send a payment to one recipient.

ACH Batch

Send a payment to several recipients.

ACH Receipt

Collect a payment from one recipient.

ACH Collection

Collect a payment from several recipients.

Import a list of recipients and amounts.

ACH Import

Domestic Wire

Send a wire to a recipient within the US.

Payroll

Send payroll to several recipients.

Tax Payment

Send federal tax payments.

Getting Started: Transaction Type Overview