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Your company can save time and money by directly depositing paychecks into your employees’ bank accounts. Direct Deposit is convenient for your employees, while reducing the time required in reconciling your monthly statement. In addition to payroll transactions, the ACH credit service can be used for employee reimbursements, commissions, bonuses, pension payments, shareholder dividends and other payment types.
For more information, please contact an IBC representative or visit your nearest IBC branch.