Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.
Automated Clearing House (ACH) is an electronic bank transaction system used to credit and debit bank accounts in lieu of paper instruments, such as checks. ACH is conducted through the Federal Reserve, just as paper checks, by member banks. Online bill pay and employer direct deposit services operate using ACH.
