ACH Cash Concentration

Treasury Management | ACH Cash Concentration

Using Automated Clearing House (ACH) services is a highly reliable and efficient way for businesses to make a variety of financial transactions, from collecting customer payments to remitting vendor and employee payments. The ACH process not only saves time, but it save on paperwork and unnecessary costs as well.

ACH Cash Concentration is for companies with multiple deposit locations and multiple banking relationships. ACH Cash Concentration allows a company to accumulate cash from multiple banking relationships into their primary account at American National Bank of Texas. Concentrating cash into a primary account improves operational efficiencies, increases investment potential, and can reduce a business’s need to borrow.

Electronically concentrate cash into your primary operating account through the ACH network
Originate your ACH cash concentration file manually or upload National Automated Clearing House Association (NACHA) formatted files through NetTeller Cash Management ™
ACH Cash Concentration transactions initiated by 4:00 p.m. are transferred for next day availability
Reduce the expense of wire transfers
Improve cash flow, increase investment potential, and reduce borrowing needs

Contact your American National Bank of Texas relationship manager or Treasury Management Services at 800.837.6584 or tmsales@anbtx.com for more information.