Contact a Business Specialist today to find out more!
410-558-4200
business1st@1stmarinerbank.com
How Your Company Benefits
With 1st Mariner ACH Electronic Debit Protection you can:
- Drastically reduce the possibility of erroneous ACH debits.
- Eliminate unauthorized electronic access to company accounts.
- Provide flexibility to authorize specified ACH debit transactions.
- Enable your company to specify dollar amount limits for ACH debit transactions.
How It Works
Every company needs new ways to protect and safeguard its company accounts. At 1st Mariner Bank, we’ve designed ACH Electronic Debit Protection, a system that drastically reduces potential ACH errors and protects your account from unauthorized withdrawals. Here’s how it works:
First, select the options that you want on your account. You can block all ACH debit transactions, provide 1st Mariner Bank with a list of authorized ACH debits, or assign maximum dollar limits for ACH debits.
If your company chooses to allow certain debits, 1st Mariner Bank must be supplied with the designated information from the sending company’s NACHA file. Once the desired options are selected, any unauthorized ACH debit will be automatically rejected. 1st Mariner Bank will notify your company of each unauthorized debit attempt.