Financial Electronic Data Interchange-Receiving
Let Broadway Bank maximize your payment efficiency—electronically.
Broadway can help you get full details regarding ACH receivable payments transmitted to and from your vendors and other trading partners with Financial Electronic Data Interchange. FEDI enhances ACH Collection and Disbursement by further reducing paperwork and remittance processing time. In fact, many FEDI originating vendors also give incentives to customers who can receive invoice information in this manner. Meanwhile, this service also includes consolidated, easy to read statements that give you complete, detailed transaction information.