 The national ACH system has evolved into a comprehensive and
efficient system to process paperless transactions for consumers,
corporations and governmental bodies. Each year the number of
electronic ACH transactions increases. ACH Origination can generate
fee income and is a great plus for attracting new commercial
accounts.
The SILVERLAKE ACH system allows financial institutions
to receive and originate transactions for their customers. The
software allows transactions to be sent to, and pulled from, a
common file so that entries destined for your bank never enter the
ACH system, thereby saving time and costs associated with these
transactions.
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- We also offer "ACH-Advantage" - a DOS based
software that gives your commercial or governmental customers the
ability to enter and originate ACH transactions. Distributed by you
directly to your customers, ACH-Advantage allows them to submit
their ACH files directly to us via magnetic media or transmitted
through a phone line connection. The transactions are reviewed for
proper format and then released in the national ACH system for
distribution. The ACH-Advantage software package is offered to you
at no cost.
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