Web Cash Manager℠: ACH Module/ Business Payments

• How can I pay bills (for suppliers or customers) outside of Puerto Rico?
  You can make payments to the United States through the electronic payment modules ACH and Wire Transfers. In the case of suppliers outside the United States, it would be exclusively through the Wire Transfers module.
• What is the benefit of making electronic payments instead of using checks?

  The benefits of paying electronically are:

  • Electronic payments provide greater access to financial resources
  • Security. There is no risk of losing the check on the way to the branch
  • Convenience
  • Control. Electronic payments are easier to monitor
• How long does it take to process an electronic payment to my employees or suppliers?

  Electronic payments will be processed instantly, if they are made before 5:00 p.m. on a business day. If the electronic payment is made after 5:00 p.m. it will be processed on the next business day.

• What do I need to sign up for Web Cash Manager℠?

  The main requirement to sign up for Web Cash Manager^SM is to have an open FlexiCuenta de Negocios^® or B-Smart^® account. If you meet this requirement, you can contact your Relationship Officer or go to your nearest branch to contract the service.

• What kind of transactions can I make using Web Cash Manager’s ACH Module?

  Web Cash Manager’s ACH Module allows you to:

  • Login to your accounts at any time.

  • View balances and transactions in real time.

  • Make a Direct Deposit of your payroll. Charge customers, individuals, or businesses.

  • Pay suppliers. Make payments to utilities such as water, electric power, telephone, among others.

  • Assign users and multiple access levels.

  • Create custom reports.

  • Make wire transfers to the United States or other foreign countries.

• Is there a maximum amount on transfers made using Web Cash Manager℠?

  No, Web Cash Manager℠ does not have a maximum amount set on transactions.

• Can I make my employees’ ASUME payments using Web Cash Manager℠?

  Yes, the Web Cash Manager℠ ACH Module allows you to make your employees’ Administration for Child Support Enforcement (ASUME, by its Spanish acronym) payments.