Reduce the Cost of on us ACH Transactions

Banks and Credit Unions that hold multiple programs are often issued fees for every “On-us” ACH transaction that is passed through the Clearing House or the Federal Reserve. These transactions are routed externally, resulting in fees that could otherwise be avoided by internal processing.

With Virtual Account Numbers by MBI, your financial institution will be empowered to minimize the cost of ACH processing by using our custom transaction parsing system. Transactions initiated by a financial institution (known as ODFI transactions) are dispersed using the originating institution’s routing numbers, and are internally routed to the proper system.

Rather than paying a fee for every ACH transaction, your institution can detect transactions that use your unique set of routing numbers. Save your company from needless costs and fees for money that is moved within your systems.