Automated Clearing House (ACH) Collections

ACH Collection allows customers to collect funds from various accounts and place them into one of their accounts held at Diamond Bank. The acceleration of funds into a central account gives companies faster use of their cash for investments, debt reduction or working capital.

Fully integrated with Diamond Click! Business Internet Banking.

Enables customers to increase cash flow by allowing receivables to be collected electronically using an ACH transfer.

Increased cash forecasting capabilities by controlling the day the collections will settle.

Reduce float by controlling the payment effective date.

Cash concentration by pooling funds from multiple locations to a centralized Diamond Bank account.

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