Account Type

 

What are Personal/Consumer Checking/Savings and Business/Corporate Checking/Savings Account Types?

The different account types allow you to select from which account your payment will be drafted. Personal/Consumer Checking or Personal /Consumer Savings payments will be drafted from personal or consumer (individual or joint) checking or savings accounts. Business/Corporate Checking or Business/Corporate Savings payments will be drafted from a business/corporate checking or savings account.

Why do I need to distinguish the Account Type between Personal or Consumer or Corporate or Business and then between checking and savings?

This distinction allows the payment information to be correctly formatted so that the payment amount will be successfully executed and drafted from your designated banking account type.


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