Faster Ways to
Pay and Get Paid
Torrington Savings Bank offers ACH to help make receiving and sending payments faster and easier.
Optimize your cash flow by using Torrington Savings Bank’s Automated Clearing House (ACH) service for secure timely payments and collections.
With ACH, you can:
- Send out payroll direct deposits or expense reimbursements to your employees
- Pay vendors electronically to ensure on-time payments.
- Make federal and state tax payments
- Use for cash concentration transfers between accounts
- Collect payments from customers using pre-authorized debits
- Reduce the amount of checks you write and automate processes
- Improve expense control and cash flow management
- Reduce administrative and other operating costs
Find out if this service is right for your business
Some Cash Management products may be subject to additional terms and conditions or fees. Contact a Business Banker to learn more about these services.