For Consumers
A simple, safe and smart way to pay your bills, used for many types of recurring payments, including:
- Home mortgages
- Insurance payments
- Payments into your investment and savings plans
- Loan payments
- Newspaper and magazine subscriptions
- Utility bills
- Cable TV bills
- Health club membership dues
- Credit card payments
- Contributions to non-profit organizations
For Businesses
This is an electronic payment (ACH Origination) from your company or charitable organization´s account with us at Intercredit Bank to directly get deposited to the checking or savings account of your employees, retirees, taxpayers or shareholders, dividend payment and more.
The most popular application of Direct Deposit is for payroll, but it can also be used for many other types of payments like:
- Annuities
- Bonuses and commissions
- Dividend and interest payments
- Pensions
- Travel expenses
- Tax refunds
- Social Security or other government payments.
Some fees may apply