Disbursements
ACH Services
To help reduce costs and inefficiencies of producing checks, use Automated Clearing House (ACH) services. You can receive money electronically on predetermined dates, and process electronic withdrawals from customers. It’s easy, efficient, and with South Shore Bank’s Business Online Banking, it’s simple! Create templates, upload files, and process an ACH Batch.
Uses
- Direct Deposit
- Preauthorized Debits
- Cash Concentration
- Disbursements
- Vendor Payments
- Tax Payments
Wire Transfer
Conveniently and securely transfer funds, both domestic and international, in real time from wherever, whenever!
Benefits
- Safe and secure method of payment
- Mobile wire approval capability if you’re on the go
- Create and save wire templates to make recurring payments
- Receive incoming wire notification via email or online