Electronic Automated Clearing House (ACH) Payments

Evonik is pleased to offer electronic ACH (Automated Clearing House) payments to our US and Canada vendors. ACH payments provide an alternative to paper checks which brings the following advantages to you:

• Better cash management forecasting, accelerated funds availability, and certainty of delivery
• Reduced operating costs related to paper check handling and shipping
• Higher reliability compared to checks as the risk of stolen/lost checks is eliminated
• Helps the environment by reducing the use of paper and the need for transportation

Enrolling in our ACH payment program means that Evonik payments will be deposited in your bank, eliminating the use of paper checks and mail delays.

A remittance/addendum will automatically be sent to you each time payment is issued by Evonik.