Payroll Services For Business
Royal’s payroll services allow your business to use ACH, or Automated Clearing House, to process electronic transactions on a group of accounts. These efficient electronic transactions can speed up and simplify your payroll process. Employees receiving payroll transactions can have accounts at any financial.
Online Banking Payroll Integration
Business Members can access Royal’s ACH service to do their payroll from business online banking. The business online banking administrator can set up additional business users with separate ACH access and permissions to complete payroll needs.
Payroll ACH Templates & Imports
Businesses can easily save ACH templates with frequently used ACH information like a list of employees who receive direct deposit. Templates save your business time and reduce errors. Users can also import payroll ACH files directly into business online banking for processing.
For added convenience, business online banking includes ACH reporting options that can be used for payroll purposes. For example, businesses can easily get a report of their completed or scheduled ACH payments.
Safety & Security
Customized user limits and dual approval options are available for online business ACH requests. Royal also requires multi-factor authentication when approving online ACH services.
Approval is required to use payroll/ACH services at Royal Credit Union.