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ACH Receipt

 

Catalyst’s ACH receipt program gives credit unions options for how they receive their ACH files and gives them the ability to manage those files online.

As the designated receiving point, Catalyst transmits ACH files to a credit union’s in-house computer or data processing center. Credit unions can elect to receive one combined file each day or four files throughout the day. Files can be accessed online through TranZact™.

Among the benefits, Catalyst’s ACH receipt service offers the following:

  • No Federal Reserve account or Fed connectivity is required for the credit union
  • Catalyst manages day-to-day requirements and compliance updates with the Fed
  • Internet-based application means no software on the credit union’s network
  • Intuitive system backed by ongoing training and support
  • Flexible format import capability
  • State-of-the-art security

To put this service to work for your credit union, email an account executive at contactus@catalystcorp.org or call 800.442.5763.

 



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* Indicates services provided by Catalyst subsidiary, Catalyst Strategic Solutions