By using instant ACH transfer, you can ensure your ACH payment gets to vendors faster. Instant ACH transfer is delivered on the same day it’s sent, instead of the regular 3 business days.
If the payment is eligible for Instant ACH transfer, you’ll have the option to select it when scheduling your payment deduction date. If you don’t see this option, it’s unavailable for this payment.
Expediting the payment with an instant ACH transfer
1 - Sign in to your CashFlow Central account.
2 - Create a bill, pay a saved one, or make a payment without a bill.
3 - On the ‘Pay’ screen, go to the What your vendor receives section.
4 - Select ACH transfer as the delivery method.
For existing vendors:
- Use the dropdown menu to choose from saved delivery methods.
- To add a new method or edit an existing one, select Manage delivery methods.
- Select +Add to add a new delivery method. Enter the additional delivery method in the vendor details.
- To edit an existing delivery method, select Edit. You can now edit the details for that delivery method.
- Select Save when done.
For new vendors:
- Select the Add delivery method box.
- In the Edit vendor details window, add the outstanding vendor details.
- Add ACH bank transfer details by selecting +Add next to this method. Next, follow the prompts to fill in the ACH routing number and account number.
- If you don't have vendor delivery details, select the option to send a payment method request to your vendor.
If you send your vendor a request asking how they'd like to receive payment, you can still complete the payment immediately - no need to wait for their reply. However, scheduled payments will be automatically canceled if the vendor doesn't respond within 7 business days. You can cancel the delivery method request anytime by editing the vendor details and selecting Cancel request.
- Select Save when done.
Selecting a delivery speed and finalizing the payment
5 - Under Delivery date, select the ‘Today’ option, which says ‘Up to 15 min’.
The delivery speed depends on multiple factors: selected payment method, amount, delivery method, day, and time when you make the payment. Learn more about typical delivery timelines in this guide.
6 - Add a memo to your payment (optional). This will help the vendor understand the purpose of the payment. When delivered via ACH bank transfer, it will show if your vendor's bank enables memos.
7 - Review all payment details carefully to ensure accuracy.
8 - Select Confirm and pay to schedule your payment.
9 - Your payment is now successfully scheduled! From the success screen, you can do the following:
a. You can download or print your payment summary.
b. Select Notify vendor to email them the payment details.
c. Select Go to dashboard to return to your main account view.
That's it! You've successfully created and scheduled a vendor payment. You can find your new payment in the Payments tab. Your payment details are saved, and funds will be delivered according to your selected timeline and method.