Direct debit provides your business a cost effective way to
collect payments electronically. Based on receiving prior
written authorization from the consumer, your business would
initiate (originate) payment through the ACH. Your business
account is credited for net payment the same day as the consumer
accounts are debited (settlement day).
|Improved cash flow control
||Cash inflow is accelerated by eliminating mail
delays and reducing availability constraints associated with check
|Alternative payment option
||Enhances your customer service.
|ebiz Online Banking
||User friendly internet product which enables
your business to create and transmit direct debit files through
their personal computer. Learn more.
To open a Sandy Spring account:
Lending Policy Statement is available to view online.
* Subject to credit approval.