Manheim Payments with ACH

1 If you plan to use ACH as a payment method via (Cox Automotive/ Manheim Auctions) and/or RMS Automotive effective, please take the time to become familiar with the terms below, as you will need to understand this information before continuing. This may impact the success of the ACH payment request. Cox Automotive/ Manheim Auctions/RMS Automotive The Company (aka ACH Originator) who submits the ACH debit transaction to your bank for purchases made through and/or RMS Automotive. You will see Cox Automotive/ Manheim Auctions/RMS Automotive or one of our affiliates as the name listed on your bank statement for purchases made at Cox Automotive/ Manheim Auction/RMS Automotive location. ACH Company ID This is the 10 digit unique number that is assigned by the originating bank to identify each ACH Originator.

2 This number must be provided to your bank to allow a company to debit or credit your bank account if you have an ACH Debit Filter (see below). ACH Debit Filter This product permits your bank to automatically reject all unauthorized ACH items for a designated account. If a company is not authorized to debit or credit your account, your bank will prevent the transaction from posting which results in a returned item. If you plan to use ACH as a payment method on (Cox Automotive/ Manheim Auctions/RMS Automotive), you will need to make sure that any debit block or debit filter on your company s account has been updated to allow for ACH debits to be initiated by Cox Automotive/ Manheim Auctions/RMS Automotive. Authorized Account Holder This is an individual who is authorized to perform transactions or make decisions on behalf of an account.

3 Authorization is provided through signatures placed on file with the bank or company managing the account. Why does any of this matter? As an ACH Originator, Cox Automotive/ Manheim Auctions/RMS Automotive has no visibility of knowing if our buyers have a block or filter set up on their account. As a result, we must rely on you, the account holder, to set up the proper authorizations with your bank prior to using ACH as a payment method on or via RMS Automotive. If the proper set-up is not in place, the payment transaction will be rejected and the invoice will remain open. This could result in additional late charges or other fees in accordance with our policies. If you would like to use ACH as a payment method on , here are the steps to get started. Step 1. The authorized account holder should contact us at when ready to set up the ACH information.

4 We will email a link to access our electronic ACH Withdrawal Authorization Form. For some transactions, this can be set-up directly using preference settings. Step 2. An authorized account holder must forward the following ACH Company IDs to your bank for set up. It is advisable that you set up all IDs at this time to prevent unwanted returns from your bank. Based on the site where there the transaction was originated, it could be processed through any of the following Company ID s. Company Name ACH Company ID Manheim AUTO AUCTION 1205801752 COX AUTOMOTIVE INC 1581936030 COX AUTOMOTIVE INC 6581936036 RMS AUTOMOTIVE LLC 1471708427 Step 3. An authorized account holder must complete and e-sign the electronic ACH Withdrawal Authorization Form. Please remember to download the completed form and retain a copy for your records.

5 Step 4. Allow 10 business days upon submitting the electronic ACH Withdrawal Form before trying to use ACH as a payment method on and/or RMS Automotive. If you have any questions, please contact us and we will be more than happy to walk you through these steps. Manheim Payments with ACH