Receivables

Automate your accounts and make funds available faster

Convenience and Cash Flow

Offer convenience and improve cash flow with ACH receivables.

Electronic Billing

Reduce billing expenses with less paper, printing and postage.

Accelerate Collections

Outsource the collection, processing and posting of payments.

A full range of products

Royal First Bank corporate accounts receivable services provide flexible payment solutions to accelerate cash flow and optimize your business.

Get paid faster

Replace paper invoicing with electronic bill presentation and payment. ACH receivables offers convenience to your customers and reduces their costs to make payments while allowing you to collect payments quickly and securely.

Seamless integration

Digital and electronic payment services such as lockbox processing, check recovery and eReceivables allow you to outsource the collection, processing and posting of payments, making funds available faster. Save time and money, improve security and accuracy, and deposit checks faster with commercial image cash letter and Remote Deposit Capture.

Remote Deposit Capture

Deposit money from anywhere

Deposit checks remotely for faster processing and extended deposit hours.

Business Rewards Visa

Earn more from your business

Make business purchases count with bonus points.

An ACH payment is a type of electronic credit or debit payment initiated through the Automated Clearing House Network. The payment can be initiated between two banks or between two bank accounts that are held by the same bank.

Various types of payment methods are offered through Digital Banking for business. Detailed steps on the different ACH transaction types can be found in our Digital Banking for Business User Guide. You can learn more by watching the ACH payments and ACH templates videos on our Video Tutorials page.

If you're assigned the Manage Template and Recipient rights, you can edit or delete a recipient template. Detailed steps on the different ACH transaction types can be found in our Digital Banking for Business User Guide. You can learn more by watching the ACH payments and ACH templates videos on our Video Tutorials page.

After a payment has processed and cleared, you can't make changes to that transaction. Detailed steps on the different ACH transaction types can be found in our Digital Banking for Business User Guide. You can learn more by watching the ACH payments and ACH templates videos on our Video Tutorials page.

An ACH number is similar to an ABA routing number. The difference is that an ACH number is used for electronic transactions.

Normal bank approval applies.

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Bank deposit products are offered by Royal First Bank. Member FDIC and an Equal Housing Lender. icon: sys-ehl.