Payable Services

From accounts payable to payroll and more, put these smart services to work.

Automation using Paducah Bank's digital tools gives you the edge. 

Paying off

Smoother experience

Streamline your payment processes for greater efficiency. 

Reduced costs

Our services save your company time and money.

More security

Add protection for the various ways you facilitate your payables operations.

Supporting business owners in Paducah, Louisville and throughout Kentucky

When it comes to your accounts payable, you want time-saving, reliable tools that take care of business so you can focus on more important business matters. You want Paducah Bank. We support companies of all sizes by implementing the right solutions.

Automated Clearing House (ACH)

Electronic payments and collections via the Automated Clearing House (ACH) are the best way to streamline payables and receivables and reduce your costs of collecting and receiving payments. Our ACH service offers a host of cash flow benefits, including reduced payment costs, better control of payment timing, greater payment reliability and more accurate cash forecasting. The most common ACH applications include:

  • Payroll direct deposit 
  • Pre-authorized debits and credits
  • Vendor payments
  • Cash concentration and disbursement
  • State and federal electronic tax payments

SmartPay is an employer-sponsored service allowing employees to receive their payroll deposit via direct deposit to a Paducah Bank SmartCard. Using this service with your traditional direct deposit allows you to eliminate manual payroll checks altogether. 

Zero Balance Account (ZBAs)

This account management service lets you establish a master operating account with one or more sub accounts for specific purposes. Create a ZBA for both payables and receivables to make your reconcilement process more efficient and segregate certain types of transactions. Some common uses for ZBAs are payroll, credit card, T&E (Taxes & Escrow), wire accounting and many others.

Wire Transfers

Wire transfers are the most immediate, reliable and secure means of transferring funds available. They are usually most appropriate for high-dollar, time-sensitive transactions. Paducah Bank can help you with your domestic and international wire transfers in various currencies.

Let's discuss payable services that pay off
24/7 Business Banking Online
Learn More