Improve your collection rate and save time Direct Debit is Bremer’s scheduled electronic funds transfer service. It’s an efficient way for your business to collect receivables by transferring funds from a customer’s account into your business account on a predetermined schedule. By automatically scheduling recurring payments, you’ll save time and accelerate collection. Direct Debit benefits your business by: - Expediting Payments — Eliminate receivables’ mail time float, processing costs, and late payments.
- Improving Cash Flow — Predictable payments improve cash flow forecasting and funds management.
- Benefiting Customers — Customers appreciate the convenience and cost savings of using Direct Debit to automate their payments.
For more information, contact a business banker at the Bremer office nearest you, or call 1-800-908-BANK (2265).
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