PAY TODAY WITH ACH
For your convenience, N&N Supply Company, Inc. accepts ACH payments for our customers with accounts, and can take advantage of this feature to pay invoices and/or your monthly statement.
If you do not already receive your invoices and statements via email or fax and would like to, you can opt in by signing up here.
To Start using ACH Payments with N&N Supply Company, Inc. please fill out and submit the attached form. You will need to request our ABA account and routing # required to pay your invoices/statement.
Further information about this feature can be provided by calling our office at 215-535-7068 or you may email inquires.
Thank you for being a valued loyal customer at N&N Supply Company, Inc.
What is an ACH payment?
ACH payments are electronic payments that are created when the customer gives an originating institution, corporation, or other customer (originator) authorization to debit directly from the customer's checking or saving account for the purpose of bill payment.
What does ACH stand for?
Automated Clearing House
In banking, ACH stands for Automated Clearing House, which is a network, used for electronic payments and money transfers. ACH is a way to move money between banks without using paper checks, wire transfers, credit card networks, or cash
How does ACH payment processing work?
An Originator– whether that's an individual, a corporation or another entity– initiates either a Direct Deposit or Direct Payment transaction using the ACH Network. ... Each ACH credit transaction settles in one to two business days, and each debit transaction settles in just one business day, as per the Rules.
What is the difference between a wire and an ACH?
An ACH is similar to a wire transfer only it uses a batch- process. Transactions received by the bank during the day are stored and processed later in batches and do not become available to a beneficiary until the next day. ACH transfers are less expensive than wire transfers.
N&N does not accept wire transfers at this time.
Is paying by ACH safe?
If you're concerned about security, ACH is a safe way to pay. You only need to expose your bank account information once – when you sign up for electronic payments – as opposed to every month if you write checks monthly. ... Unlike wire transfers, ACH payments are not immediate and irrevocable.
What is an ACH account number?
For ACH transactions please use the routing number for electronic transactions. The Automated Clearing House (ACH) is an electronic payment delivery system which allows you to make payments or collect funds electronically through the ACH network.
How long does it take for an ACH payment to go through?
ACH billing has different processing times. A credit card transaction (depending on the card) can take 2-3 days to process. ACH billing takes about 3-5 days processing, but most banks favor ACH transactions over paper checks when making funds available.