ACH (Automated Clearing House) is an electronic payment system in the United States that facilitates the secure and efficient movement of money between bank accounts.
Adding ACH as a payment method
Click on Company details under the Company tab.
Please note that in order to connect a bank account, your business must be verified on Niural.
If you haven’t already done so, click on the Verify your business to complete the verification process.
Once your business identification is verified, you will be able to connect your bank account for ACH payments.
Click on Bank transfer to connect your bank account.
Plaid will require access to your bank account to confirm certain personal information.
Choose your bank and then follow the instructions provided in the Plaid pop-up windows.
Making a payment with ACH
Clients who choose bank transfers for payment can secure their exchange rate and fees when invoices are generated.
Please note that ACH transfers can take two to three business days to process.
You can view your pending payments directly from the dashboard.
Take a look at this article to learn more about using the bulk payment option for paying your team.
You can alternatively navigate to the Payments tab and proceed to payment.