Payables Management

Sign fewer checks. Control every dollar.

Send payments to vendors, employees, and anyone else your business owes — by ACH, wire, or card — and put real controls around every one of them.

Find an Expert Receivables Management

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A payment method for every kind of bill you pay

Some payments need to land today. Some run on a schedule. Some just need to stop taking up your afternoon. We’ll help you match the right method to each one.

ACH Disbursement →

Pay employees and vendors electronically, one time or on a recurring schedule.

Wire Origination →

Send funds anywhere in the world one-time or from templates you set up once.

Protect and optimize your funds

Analysis Checking →

Earn credits on high-volume transactions that offset what you pay in monthly fees.

Escrow Management →

Manage escrow accounts with flexible interest accrual and sharing between accounts.

Target Balance Sweep →

Keep minimum balances where you need them, and earn interest on everything above.

Zero Balance Account →

Sweep balances from operating accounts into one main account at the end of each day.

Positive Pay →

Protect electronic payments and paper checks with a single fraud prevention solution.

Reverse Positive Pay →

Get a daily report of every check that cleared your account the business day before.

Getting started takes one conversation

You don’t have to know which services you need before you call. That’s the part we’re good at.

Feature	Best for	How fast	What it replaces
Feature
ACH Disbursement	Paying employees and vendors	Whatever you choose	Lowest per-item cost
Wire Origination	Closings, large or overseas	Same day, before cutoff	In-branch visits

Every payment, on your schedule.

Your way Standard ACH

Same day Wires and ACH¹ by cutoff

3 ways to pay ACH, wire & card

Tell us how you pay

A treasury specialist reviews what you send out today and where the time goes.

We build the setup

We configure your ACH, wire, and card access with the approval limits you want.

Start paying

Run your first batch with us on the line, then keep going on your own schedule.

Payables FAQs

It comes down to speed and cost.

ACH is the least expensive and works well for payroll, vendor payments, and anything recurring, with most payments settling in one to three business days.

Wires cost more but move the same business day — the right call for closings, large one-time payments, and anything going overseas.

Most businesses use both. Our Treasury team can help you sort which payments belong where.

Yes. Dual approval, per-user permissions, and dollar limits are configured when we set up your access, and you can change them as your team changes. Digital tokens add another layer on high-value transactions (never share this token with anyone over the phone. LMCU will never ask you for your token).

Pricing depends on which services you use and your transaction volume. Analysis Checking can offset some or all of your monthly fees with earnings credits on account activity. Contact our Treasury Management team for a complete rate schedule.

No. If your system exports NACHA-formatted files, you can upload them directly. If it doesn’t, you can build and save payment templates in Business Plus Online Banking and reuse them.

You also don’t have to move everything at once. Most businesses start with one payment type — usually payroll or a recurring vendor — and add the rest once it’s running.

An ACH payment can be returned if there are issues like insufficient funds, incorrect account details, or authorization problems. When this happens, we will notify you with a return reason so you can correct and resubmit the payment if needed.

Your business is in good company.

Our business members love working with us, because we’re committed to helping businesses across the communities we serve grow more, do more, and create more jobs.