ACH transactions are basically electronic checks that can be used in a variety of ways.
- ACH credit payments include direct deposit and vendor payments.
- ACH debit payments include movement of funds from customer accounts to your business account.
At Parkside, all ACH transactions post the following business day.
Wire transfers are the fastest way to move funds from one bank to another and generally are available the same day, up to that day’s cutoff time.
Both ACH/Wire services can be accessed through our online banking platform.
