BB&T ACH Preauthorized Draft service can save you time and money when collecting payments from your consumer customers. Your customers can grant your company the authority to automatically withdraw funds from their checking or savings accounts through the Automated Clearing House (ACH). BB&T processes the payments through ACH, and the total amount is credited to your account the next banking day.
ACH Preauthorized Draft service process:
If you receive recurring payments from your consumer customers, ACH Preauthorized Draft services from BB&T can streamline the process of collecting receivables and processing payments, saving you time and money and improving your cash flow.
ACH Preauthorized draft makes paying the following items quick and easy: