The Funds Transfer menu provides you with options for the following services:

·         ACH The ACH is a network of regional associations, inter-bank associations, and private-sector processors. ACH payments are processed and settled electronically, thereby increasing reliability, efficiency and cost effectiveness. ACH payments are generally settled in one day or greater. – allows you to create and sent batch An ACH batch consists of a template The template contains the essential characteristics of the ACH batch, such as the name of the template, the type (class code) of ACH transmission (CCD The ACH payment format used for concentration of funds between or within companies. A single 94-character record contains the standard entry class indicating the type of transaction, routing and transit numbers of the ODFI and RDFI and the originator and receiver account numbers. CCD is the only corporate ACH format that does not have space for additional addenda information, but it does contain space for a reference number. or PPD Prearranged Payment or Deposit, the ACH payment format by which consumers may authorize credits or debits to their accounts by a company or financial institution. These are normally recurring payments in fixed amounts.), and the offset account. Although AXIS Cash Management only lists CCD & PPD, the application will create the appropriate CCD+/PPD+ ACH Batch if a participant with an addendum is associated with this batch. (see below) and a collection of transactions having the same purpose and effective date to be performed, and may also include addenda information. files which contains information pertinent to the movement of funds between accounts

·         Book Transfer - allows you to move funds between accounts within the same financial institution a bank, thrift, or credit union

·         Tax Payments – allows you to use Electronic Federal Tax Payment System (EFTPS Electronic Federal Tax Payment System is a government program to pay federal tax obligations electronically.) as the method to submit tax payments

·         Wire Transfer - allows you to move funds between accounts at different financial institutions.