RLI is pleased to offer you the convenience of ACH Direct Deposit! You can have your payment deposited in your checking account within your payment terms.
We believe you’ll like the added convenience of having your payment automatically deposited for you. Direct deposit is safe, convenient and easy.
Here’s how it works…..
- To take advantage of this service, simply complete this authorization form which gives RLI and your financial institution the authority to deposit your pay into your account.
- ACH 30 day pay has no fees; 5 Day Quick Pay ACH 3% fee
- We must have your email address on file. When the payment is initiated, you will receive a statement via email which shows pay amount and invoice detail.
- For validation of the banking information, please provide a voided check, deposit slip or a letter on your financial institution’s letterhead with ACH payment instructions.
- We can only deposit your funds into a U.S. USD Bank Account. We are unable to setup your direct deposit if your bank requires an intermediary bank.
- This service is not currently available to carriers contracted with a factoring company.