ACH

Collecting (or disbursing) payments may be one of the most important aspects of your business. The faster and more efficiently you collect your receivables and disburse your payables, the faster you can begin investing your excess cash to support, operating capital or debt reduction. If you are looking for an efficient, economical, safe and reliable method to process your ACH payments, ViewPoint Bank provides the following options to help you achieve your goals.

• - Direct Deposit
• - Pre-Authorized Debit
• - Cash Concentration
• - Cash Disbursement
• - Vendor Payments
• - Federal Tax Payments
• - Returns & NOC's Reporting

Direct Deposit

Direct Deposit allows businesses to send payment credits electronically, through the Automated Clearing House (ACH), to the financial institution accounts of employees, retirees and annuitants. Direct Deposit can save your company time and money, increase productivity and provide more confidentiality than with paper checks.

Benefits

Employer Benefits	Employee Benefits
No need to cut checks Pay employees electronically Online review of submitted payroll files Timely issuance of payroll Eliminates check reconciliation process Eliminates stop payments & associated fees Minimizes check stock storage & security	Safe and confidential Eliminates trip to the bank Eliminates lost or stolen checks Eliminates critical receipt of >Elioyer Expedited access to funds Encourages savings Timely deposit of funds

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Pre_Authorized Debit

Pre-Authorized Debit is a consumer ACH debit application, which utilizes the Automated Clearing House (ACH) to transfer funds out of a consumer's account at their bank for recurring or other consumer approved payments. The ACH Collections process can save time and money by eliminating the need for check processing.

Common Pre_Authorized Debits include:

Insurance Premiums Mortgage Payments Chari' Pledges/Contributions Tuition Payments Security Monetary Service Fees

Utility Payments Health Club Dues Loan Payments Membership Dues Homeowner's Association Fees

Benefits

Company Benefits	Consumer Benefits
Processing cost savings Improves cash flow Reduces delinquent payments Maintains customer retention Eliminates check handling Expedited return item processing	Eliminates cost of checks and postage Reduces bill payment timeline Knowledge of pre-determined payment date Elimination of past due payments Elimination of late charges Convenience of paying bills while away from home

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Cash Concentration

Cash Concentration is an ACH debit application, which utilizes the Automated Clearing House (ACH) to transfer funds out of intra-company accounts at multiple bank locations and concentrate them into a centralized bank account. This application can serve as a stand-alone funds transfer, or it can support a limited amount of payment related data with the funds transfer.

Benefits

• Funds are concnetrated on pre-established dates
• Improved forecasting of cash flow and funds management
• Automated processing convenience
• Reduces expense and need to use wire transfer processing

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Cash Disbursement

Cash Disbursement is an ACH credit application, which utilizes the Automated Clearing House (ACH) to transfer funds between business entities. This application can serve as a stand-alone funds transfer, or it can support a limited amount of payment related data with the funds transfer.

Benefits

• Funds are disbursed on pre-established dates
• Improved forecasting of cash flow and funds management
• Automated processing convenience
• Reduces expense and need to use wire transfer processing

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Vendor Payments

The Vendor Payment module provides the electronic exchange of payments and payment related information in standard formats between 2 or more business entities. This process utilizes the Automated Clearing House (ACH) network between buyers, sellers and financial institutions, simplifying and accelerating the exchange of payments.

Benefits

• Lower costs
• Fewer errors
• Provides electronic settlement

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Federal Tax Payments

The Federal Tax Payment module provides business customers an electronic method to make city, state and federal tax payments. The Federal Tax Payment module utilizes the Automated Clearing House (ACH) network to transfer funds from the business bank account to the local and federal government agencies.

Benefits

• Convenient and secure
• Scheduled ahead of time
• Provides electronic settlement

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Returns and NOC's Reporting

With ViewPoint Bank, you can receive information about Automated Clearing House (ACH) Return and Notification of Change (NOC) items via fax or email. Just choose the method that's right for you.

Benefits

• Gives you immediate access to current information
• Provides detail information on why a return item or notification of change (NOC) was received
• Offers multiple delivery methods

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