PITTSBURGH, Oct. 18, /PRNewswire/ -- PNC Treasury Management today announced that it now offers intelligent payment routing capabilities. With this service, clients can specify criteria that will help determine the appropriate payment type or format payments to different specifications based upon clearing , thus increasing efficiency and allowing them to directly focus on growing their business.
Intelligent payment routing provides clients with flexible options that suit their individual business needs and individual payment scenarios. Clients create a payment file and PNC Treasury Management will determine the most appropriate type of payment channel based upon specific factors, such as the fastest delivery and lowest cost, based upon preset parameters established by the client. Payment can be sent via real-time payment (RTP®), Same Day ACH or Next Day ACH. An option for Wire transfer will be added in quarter .