Automated Clearing House (ACH) Debit Origination

With Franklin Bank's Automated Clearing House (ACH) Debit Origination service, you can completely automate your collection process, making it quick and easy. Once your customers agree to have their recurring payments debited from their accounts, you simply generate an electronic file and transmit it to Franklin for processing. Collected funds are then deposited into your Franklin account. With cash concentration services, you can electronically transfer funds between accounts, even if they are with different financial institutions.

Powerful
Franklin ACH Debit Origination guarantees accurate payments from your customers and enhances your credit management process. This service also ensures the timely receipt of those payments, so you can improve your ability to forecast cash flow. cash concentration allows you to maximize funds across multiple banks to increase earnings potential.

Cost Effective
ACH eliminates the administrative time and expense normally associated with processing paper-based receivables, manual transfers or wire transfers.

Efficient
ACH services can speed the collection process and simplify your accounts receivable management. There's no need to mail invoices or wait for checks to be returned by mail. You will also have the ability to resolve account disputes before the payment date.

Subject to credit approval.