Benefits

Electronic ACH transactions provide benefits for both parties.

  • Economical - It is usually less expensive than issuing, mailing and reconciling checks and the payee has next day access to the funds
  • Useful - It helps you to more accurately manage your cash flow
  • Practical - It saves you time and eliminates mailing payments
  • Easy-to-use - ACH transactions can be transmitted with a few clicks of your mouse

For more information, stop in or call any Chemical Bank Location or call an eBanking Specialist at (866) 804-4592. One of our representatives will be happy to answer all of your questions.

Frequently Asked Questions

Got questions? We've got answers.

What are the cut-off times based on transaction type?

For cut-off times based on transaction type, please refer to the chart below.

Transaction TypeDaySystem Cut-Off Times
Transfers or Bill Payments Same Day as the Effective Entry Date 8:00 PM (ET) 
WiresSame Day as the Effective Entry Date 2:30 PM (ET)
Positive PayOn each Business Day12:00 PM (ET)

ACH Transactions

  •  Payroll
  •  ACH Payments
  •  ACH Receipts
  •  Tax Payments

ACH Transactions

  • 2 Business Days before the Effective Entry Date 
  • 2 Business Days before the Effective Entry Date
  • Business Days before the Effective Entry Date 
  • 1-2 Business Days before the Effective Entry Date
4:00 PM (ET)