Automated Clearing House (ACH)
Benefits for the customers
- Optimally meet customers' demands on cash management, ensuring profitability and highest efficiency.
- Provide support for effective cash flow control and management among customers' payment accounts or subsidiaries to handle over/under-capitalization.
- Maximize efficiency of idle cash management and usage, collecting cash flow to central account.
- Maximize profits of central account and minimize overdraft interest on member accounts.
- Save management cost, easily collecting data for accounting via reports provided by VietinBank.
Features
- Two-way ACH among accounts
- ACH’s account, amount, frequency of ACH are flexible parameters.
Eligibility conditions
- VietinBank and organizations/businesses sign a Service Agreement/Contract;
- Transfer accounts is in VietinBank's system.
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