Articles on: ACH PAYMENTS

HOW TO SET UP ACH PAYMENT OPTIONS

Checkrun is excited to expand our payment options to include ACH - Electronic Payment Options.


Here is the Step by Step process for setting up your Checkrun Membership to activate ACH Payment Options.

If you have any questions on ACH Set Up, please contact Checkrun Support.


Step One:

Turn on ACH in your Checkrun Membership Preferences


Step Two:

Secure and Activate your Bank Account via Plaid

Two options available:

  • By logging into your bank account using Plaid

or

  • Using the Micro Payment option by Plaid


Step Three:

Launch and complete the ACH Application

Go To Bank Accounts Tab,

Select the Bank Account you would like to use to pay by ACH and under the Actions, Select ACH Set Up.


Step Four:

Complete the ACH Application

Make sure to include EIN Number, Physical Business Address and Shareholders, Business Owners and the name, Title and Email Address for the ACH Agreement Approver

Incomplete or erroneous information on the ACH Agreement can lead to a decline of ACH Payment Options and a suspension of your Checkrun Membership


Step Five:

Sign the DocuSign Document

This agreement must be signed by the ACH Agreement Approver for your company or business


Step Six:

PreNote the Bank Account

Checkrun Sends a Zero Dollar Prenote to your bank account to ensure the account can support ACH payments


Step Seven:

When you have been approved for ACH, your Bank Account Status will go from ACH Pending to ACH Ready


Step Eight:

Add Account and Routing information for your Vendors

Go to Vendor Tab and under Actions Column, select ACH Set Up

Provide the following Information:

  • Bank Account Number
  • Bank Routing Number
  • Select if vendor has a Personal or Business Bank Account




Vendor Set Up


ACH Payments process in Five Business Days

Checkrun Charges $.75 per ACH Transaction


A Digital Remittance Advice is available for all ACH Payments and can be sent automatically or can be launched from the Archive Queue.



Updated on: 04/04/2023

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