All BMO Harris branch location ATMs are also available free of charge to Park Bank customers!
Streamline payment processing with Automated Clearing House (ACH) electronic debits and credits instead of checks. And now, send payments for same-day processing with Same Day ACH.
Same Day ACH
Whether needing to make payroll, avoiding late payment fees, or collecting money, with Same Day ACH you can send ACH files that are effective the same business day they are transmitted. Park Bank offers two Same Day ACH services as an add-on to your standard ACH module.
Standard Same Day ACH Originator (best value): For a monthly fee, you will be able to schedule your own ACH files as same-day files. A new ACH Agreement is required to become an authorized Same Day ACH Originator.
Emergency Same Day ACH Files: For a fee per file sent, Park Bank can submit emergency ACH files to be effective same day. This service is available to customers that use our regular ACH origination service.
Restrictions & Timeframes
Same Day ACH files must meet the following requirements as established by NACHA, the governing body for ACH.
File entries (individual transactions with a file) can be no more than $25,000.
Files need to be transmitted no later than 10:45 a.m.