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ACH Origination

Collect payments, make direct deposits, and process recurring transactions with zero fees¹ or penalties.

Business Benefits

Strict Security Protocols Convenient and Efficient Zero Fees or Penalties
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Please note: as a Texas-based credit union, Amplify is only able to offer banking services to organizations located in Texas.

ACH payments without fees

Amplify’s ACH origination services offer businesses and nonprofits a free platform to make direct deposits and process recurring transactions.

Cost-Effectiveness

Generally, more affordable than other payment methods like checks or wire transfers.

Security

Subject to strict regulations and security protocols, ensuring the safety of sensitive financial information.

Convenience

Can be scheduled in advance, automating recurring transactions.

Efficiency

Processed electronically, reducing manual effort and paperwork.

How it works

Direct deposits, vendor payments, and consumer payments are all common types of ACH origination.

1

Authorization

Business obtains authorization from customers to initiate ACH transactions.

2

File Creation

Customer payment information is added and organized in an ACH file.

3

Processing

The ACH file is transmitted to the originating financial institution and processed.

4

Settlement

The receiving financial institution credits or debits the accounts appropriately.

FAQs

Commonly asked questions about ACH origination and commercial banking at Amplify.

Are there fees for ACH origination?

How do we get started with ACH origination?

Can smaller organizations sign up for ACH origination?

How does my business add excess deposit insurance?

Contact our team

Want to learn more about commercial banking services at Amplify? Use this form to provide the name and contact information for an organization representative and a virtual banker will follow up shortly.

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Please do not include any sensitive information such as account number or social security number.

¹The term bank fees refers to any fees associated with the operation of personal or business deposit accounts. This includes savings accounts, checking accounts, certificates of deposit, and money market accounts. Bank fees does not refer to personal, commercial, or real estate loan products, or to third-party services offered through Amplify (such as wealth management or credit card services).

Please refer to the Share Account Rate Disclosure, Certificate Account Rate Disclosure, and Beneficial Owner Disclosure for further information relating to the above products. See Business Fee Schedule & Rate Schedule for current rates and fees.