Faster Ways to
Pay and Get Paid
Torrington Savings Bank offers ACH to help make receiving and sending payments faster and easier.
ACH Origination
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
Benefits
- 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
Details:
Some Cash Management products may be subject to additional terms and conditions or fees. Contact a Business Banker to learn more about these services.
Related Services
Payroll Processing
An easier way to pay employees - let us help with your payroll processing.
Postitive Pay
Using Postitive Pay helps to prevent and quickly detect check and ACH fraud because Positive Pay actively monitors your account for unusual or unauthorized transactions.
Business Desktop Deposit
With Business Desktop Deposit, you can quickly and securely deposit your checks anytime right from your desk.
Business Mobile Banking
Combining security features like facial recognition and debit card controls; plus banking features like viewing balances, making transfers, and more; our Mobile App helps you handle your business.
