By CHESTER ROBARDS

Business Reporter

crobards@tribunemedia.net

Bahamas employers may soon be able to make pay salaries directly to bank accounts regardless of which bank either is using.

Direct credit for employers is imminent, the general manager of the Automated Clearing House (what's a clearing house?) told Tribune Business yesterday, saying the system has been "tested and re-tested" and is ready for the seven clearing banks when they have completed their preparations.

Brian Smith said the clearing banks are making certain they have all their "ducks in a row" before giving the final nod to the Automated Clearing House (ACH) for direct deposits to be available to businesses. This service will give employers the ability to electronically deposit their payrolls directly into employees' bank accounts regardless of ...

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