South State’s External Transfer Services eliminate the need for you to visit your local branch each time you need to receive a transfer of funds. We offer the ability to receive secure transfers from the convenience of your office using ACH services.
The Automated Clearing House (ACH)1 system is a secure, private network that connects banks to one another by way of the Federal Reserve Board or other ACH operators. This network enables you to process and manage electronic payments, such as automatic payroll deposits, and handle electronic collections, such as automatic debits.
At South State, our ACH Transfer Services allow businesses to collect funds and make payments electronically through a national ACH network.
ACH transfers include:
- Direct deposit of payroll
- Monthly payments and collections
- Membership dues