ACH transactions appear on the bank statement as "Plate IQ". There will be one transaction on your statement per payment.
Check transactions will appear on your statement just like checks you would manually write.
We include the Plate IQ transaction number and vendor name in your bank statements for all ACH payments made using VendorPay.
Please note: Not every bank supports this information.
For example, Chase Bank includes the new details:
If you do not see the additional information on your statements in the following weeks please reach out to your bank to see if they are able to offer you a more detailed view of your ACH transactions. You will also continue to have access to transaction details in the Plate IQ dashboard.