Account Drafting
FirstNet's EFT Processing Combines Payments with
State-of-the-Art Technology

FirstNet allows your business to become part of the dynamic world of electronic payment processing.  With one easy to use form, your customers can have their monthly payments taken directly from their checking or savings accounts.  Checks and money orders are tedious to process and require you to maintain a larger staff to process all of that paper.  With FirstNet’s programs, your customers never have to worry about getting that elusive check in the mail or stopping somewhere to purchase a money order. 

Account Drafting Gets Your Payments to you At the Speed of “Right”

Each month the drafts are taken out of the accounts, processed, and sent to you within three (3) business days.  No more waiting for checks to clear or wondering when your payment will become a priority.  Cash flow is important in the lending industry and FirstNet’s fast payment processing helps you maintain your liquidity. The right amount, the right time, the right way.

Which Days Can We Draft?

FirstNet has a variety of draft dates available for you and your customer to agree upon.  This ensures that the payments arrive when you need them and at a time financially convenient for your customers.  Receiving payments quickly and conveniently can significantly improve your cash flow and improve your bottom line.

Is this Safe for my Company?

Yes.  You have the assurance that FirstNet is a division of First Citizens Bank, a member in good standing of the National Automated Clearing House Association (NACHA) as well as a member of the Federal Deposit Insurance Corporation (FDIC).  Though many companies offer electronic payment services, no one can provide the safety and security for your customers financial transactions like a full service bank.