PAYABLES

What you can do

Send same-day or scheduled electronic payments via a standard industry format (ACH):

• Direct deposit payroll
• Electronically send payments to suppliers and vendors
• Pay taxes
• Built-in security safeguards and confirmation reporting
  
  

How it works

• Payment initiation—Submit amounts to be transferred from your ANBTX account to your payees. This can be done manually or within templates.
• Payment processing—Funds are processed through the ACH Network, a central facility that handles the transfer of electronic transactions across all US financial institutions.
• Funds availability—All ACH disbursement files submitted before 4:30pm CST will be processed automatically through the ACH Network for credit to the payee’s bank on the date you designate.

What you can do

Streamline payments to vendors, suppliers, and individuals.

• Add and manage payees
• Make one-time or recurring payments
• Establish eBills 
• Delegate payment tasks with entitlement controls
• Track and confirm bill payments

How it works

• Payment initiation—Set up and manage payees within online banking.
• Payment processing—Set up eBills to let you know when your bills are due. Make one-time or recurring payments on the day you designate. 
•  Funds availability—Bills are automatically deducted from your account on the date you've selected.