Business Banking

eBanking - Electronic (ACH) Payments & Collections

Save time and money with ACH services from Chemical Bank. Any business, large or small, can initiate ACH transactions: Payments automatically deposit into an account at the financial institution of their payees choice. Collections automatically deposit into your account at Chemical Bank.

Electronic ACH transactions provide benefits for both parties.

  • economical - it is usually less expensive than issuing, mailing and reconciling checks and the payee has next day access to the funds
  • useful - it helps you to more accurately manage your cash flow
  • practical - it saves you time and eliminates mailing payments
  • easy-to-use - ACH transactions can be transmitted with a few clicks of your mouse

Transaction Type
Transmission Day
System Cut-Off Times
Transfers or Bill Payments
Same Day as the Effective Entry Date
8:00 PM (ET)
Wires
Same Day as the Effective Entry Date
 2:30 PM (ET)

ACH Transactions

  • Payroll
  • ACH Payments
  • ACH Receipts
  • Tax Payments

  • 2 Business Days before the Effective Entry Date
  • 2 Business Days before the Effective Entry Date
  • 1 Business Days before the Effective Entry Date
  • 1- 2 Business Days before the Effective Entry Date
 		 3:00 PM (ET)
Positive Pay
On each Business Day
 10:00 AM (ET)

For more information, stop in or call any Chemical Bank Location or call an eBanking Specialist at 1-866-804-4592. One of our representatives will be happy to answer all of your questions.

Additional Costs and Fees Apply

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