Electronic Payables & Payment Solutions

Simplify your payment processes with electronic payables solutions.

Printing, issuing, mailing, depositing and reconciling checks all add to your company’s costs and take up a large amount of your staff’s time. SunTrust provides several electronic payment solutions designed to streamline all your payment processes.

Automated Clearing House (ACH) Services: ACH Services save your business time and money by allowing you to make payments electronically. Use this online payment solution for payroll, vendor payments and more.

Wire transfer: An ideal solution when speed is essential, wire transfers allow you to initiate same-day funds transfers. You can execute one-time or recurring domestic or international wire transfers online, over the phone or at one of our many branches.

Enterprise Payment Processing®: Our comprehensive online payment processing system lets you focus on your core business by outsourcing your check processing, ACH payments and wires to SunTrust. You simply provide instructions and data to us in a single, consolidated file, and we handle the rest. You can reduce costs and improve controls by combining this disbursement outsourcing option with your other treasury management services—creating your own integrated payments system.

To learn more, please contact your Treasury Sales Officer or Relationship Manager.

Some of the features of our electronic payables solutions are:

  • ACH Services

    • Make all of your payments electronically

      • Save your organization the time and expense of processing and tracking paper checks
      • Better predict cash availability with scheduled payments
      • Control exactly which ACH payments are allowed from your account
  • Wire Transfer

    • Move funds the same day—often within minutes

      • Initiate wire transfers easily and efficiently, saving you and your staff time
      • Stay up-to-date on your cash position with quick confirmations of transfers
      • Prevent fraud by choosing who can initiate transfers
      • Make payments in U.S. dollars or foreign currency
  • Payment Processing

    • Integrate your payables onto a single platform

      • Smooth the transition from paper-based to electronic payments by having a single payment stream
      • Free up staff to focus on other priorities
      • Easily access your account online to verify file receipt, suspend payments, view check images and more
      • Reduce your company’s exposure to check stock theft and check fraud
      • Save on the costs of preparing checks

Corporate & Commercial Banking Resource Center

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