Remove Direct Deposit Remove Electronic Funds Transfer (EFT) Remove NOCs
article thumbnail

What Are ACH Prenotes and How Do They Work?

EBizCharge

An ACH prenote is a preliminary transaction verifying and validating bank account information before initiating an electronic fund transfer (EFT). Prenotes are used for many financial transactions, including direct deposit and payroll, recurring payments, loan repayments, vendor payments, and insurance premiums.

ACH 52