ACH (Automated Clearing House) is a network for processing financial transactions electronically, directly from one bank account to another. At INCO, we encourage payments through ACH because they streamline transactions, are fully automated, and, importantly, help both you and us avoid credit card fees. In other words, we both benefit at the expense of the banks.
How to Set Up an ACH Account with Banco Popular Puerto Rico
What You Will Need:
- Your Banco Popular account number
- Banco Popular routing number (021502011)
- Personal or business identification documents
- Online banking credentials for Banco Popular (for initial setup)
Steps to Follow:
- Log in to your Banco Popular online banking account.
- Navigate to the “Transfers and Payments” section.
- Select “ACH Transfers” or “Electronic Payments.”
- Choose “Add a New Recipient” and enter our company’s banking details provided.
- Verify and save the information.
- Set the frequency of your payments (one-time or recurring).
- Confirm the details and submit.
Helpful Tips:
- Always double-check account numbers to prevent delays.
- Set up recurring payments to automate your workflow and avoid late payments.
- Keep confirmation numbers or emails for your records.
- Contact Banco Popular customer service for any setup issues at (787) 724-3659.
Using ACH payments through Banco Popular is secure, efficient, and cost-effective, benefiting your business directly.