Check writing services can also offer ACH transfer services through the available API systems. This is usually done with the help of identifying financial information such as banking information, email address, payee’s information, and the amount of money that ought to be transferred. Before the check can be written, this information must be verified and its validity assessed accordingly. This reduces any instances of having your check rejected due to the use of wrong information.
When conducting ACH transfers, payments can either be sent directly to the recipients or through email requests.
When an email request is used, a link is attached to the email, and the payee of the check is requested to confirm the information by inputting their bank account information and routing numbers. Once this information is verified, the check is produced and sent to the recipient who deposits it. If you may want your company name to appear on the check, you can have it embossed. This plays a vital role if you plan to make multiple payments and send ACH payment to a particular client.
Additionally, if you input this information, future transactions will be easier and automatic since the information is already recorded in the systems. Apart from this, if the payee needs to update the information, they can do this from their end since there is an online platform that supports the sharing of information between the client and the payee.
ACH transfers are usually made possible by the presence of administrative systems and APIs which allow clients to process ACH electronic payments, set transaction permissions securely, and access transaction reports through their mobile devices, tablets, and desktops.
For example, with APIs, a check writing company can process thousands of checks and ACH transfers with just a few clicks, thus making ACH transfers easier and faster.