ACH Credit
ACH Credit is a simple and inexpensive way to transfer money between bank accounts. ACH Credit payment occurs when the ACH network “pushes” money from one account to another whenever someone requests it. Zil, the cloud-based banking platform, offers ACH credit payments at an affordable rate. Zil also offers a fee-free checking account where you can send and receive money between Zil accounts at zero transaction cost.
In addition, Zil offers several other banking services like payroll management, bill payments, eChecks, checks by mail, etc.
We Offer You the Best
0
initial fee
No initial fees or hidden fees to open account with us.
0
maintenance fees
Enjoy hassle-free banking services with no maintenance fees.
0
minimum deposit
Start your banking journey with zero minimum deposit.
0
initial fee
No initial fees or hidden fees to open account with us.
0
maintenance fees
Enjoy hassle-free banking services with no maintenance fees.
0
minimum deposit
Start your banking journey with zero minimum deposit.
What Is ACH?
ACH stands for Automated Clearing House. It is a US financial network that helps people make electronic payments and money transfers. ACH transfers money from one bank to another over a secure network run by the National Automated Clearing House Association (NACHA). When you use Zil online banking, you can experience faster ACH processing and other benefits for your business checking account.
All-In-One Platform
Open A US Bank Account Anywhere in the World
Setting up a US bank account from anywhere in the world will help your business expand quickly there. You can accept US dollars without losing any exchange rate if you have a US bank account. You can also give your clients a choice of payment options. Create a company account with Zil right away!
Open A US Bank Account Anywhere in the World
Setting up a US bank account from anywhere in the world will help your business expand quickly there. You can accept US dollars without losing any exchange rate if you have a US bank account. You can also give your clients a choice of payment options. Create a company account with Zil right away!
No More Hidden Fees
Zilbanking eliminates hidden fees and costs. Enjoy fee-free checking account using the convenient online banking platform. Zilbanking does not charge monthly fees or need a minimum balance. You can create a budget without stress. Zilbanking’s no-minimum deposit policy makes it easy to start your financial journey.
FREQUENTLY ASKED QUESTIONS
What Is ACH credit?
An ACH credit is a form of ACH transfer in which money is transferred into a bank account. In other words, the payer initiates the transfer of funds to the payee. Zil offers low-cost ACH credit payments, which helps businesses with employee payments, vendor invoices, utility bills, etc.
What Is ACH transfer?
ACH transfers are electronic bank-to-bank payments in the United States that go through the ACH network (Automated Clearing House). Funds move from one bank to another with the help of a centralized system that directs funds to their destination. The National Automated Clearing House Association (NACHA) controls ACH transfers. With our recurring ACH facility on Zil online banking, you can make regular payments to your payees or collect payments from clients before due dates.
How long does ACH transfer take?
Typically, an ACH transfer is delivered and settled in one to two business days. Zil, an official member of NACHA, offers customers the same business-day ACH transactions on its platform.
ACH Transfer or Wire
The main difference between ACH and wire transfer is that wire transfer can only push money. At the same time, ACH is used to both push and pull money. ACH typically takes longer to credit than a wire transfer, which transfers bigger sums of money. Wire transfer has a higher transaction fees percentage than ACH. According to your business deal and cash flow needs, pay & get paid in your way by ACH, direct deposit, printable check, or international wire transfer on Zil.
Make Business Easy with Zil
At ZilBank.Com, we pledge to provide convenient and efficient services to our customers to make business operations easier.