(ACH) Funds Transfer [
] MS, FS, ES
Want your borrower payments to be deposited to your account ASAP?
We transfer borrower payments electronically via Automated Clearing House (ACH) each day after payments have been processed to the bank of your choice. The account may be a regular bank account, an investment account, or any other account the institution may choose, as long as the account can accept an ACH transfer. With this process, funds are deposited in the institution's own account two days after the checks have been processed.
Campus Partners is pleased to be the only billing servicer to offer its customers immediate access to the funds collected from their borrowers. By utilizing your own local bank accounts, your institution can avoid costly service charges that are often incurred in maintaining separate bank accounts required by most loan servicing companies.