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Direct Draft

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Summary

Collect next day deposits electronically. Automated Clearing House (ACH) Origination: Debits from Independent Bank provide your business an electronic method to initiate ACH Debit transactions to draft your member/customers' accounts for membership dues, monthly premiums, or any other automatic payment plans available to your customers.

Benefits:

  • Remain in control of your cash flows
  • Reduce costs and manual processes associated with paper checks
  • Save time with electronic processing

Requirements:

  • Subject to bank approval
  • Additional fees may apply

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