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What is Automated Clearing House (ACH)?

April 26, 2017ACH Automated clearing House

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What is Automated Clearing House (ACH)?

3 Answers

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ACH stands for Automated Clearing House. The ACH Network is a highly reliable and efficient nationwide electronic funds transfer system governed by the NACHA (National Automated Clearing House Association) operating rules, which authorize inter-bank clearing of electronic payments.

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Posted

CH stands for Automated Clearing House. The ACH Network is a highly reliable and efficient nationwide electronic funds transfer system governed by the NACHA (National Automated Clearing House Association) operating rules, which authorize inter-bank clearing of electronic payments.

0

Posted

ACH stands for Automated Clearing House. In the United States, the ACH Network is a highly reliable and efficient nationwide electronic funds transfer system governed by the (NACHA) National Automated Clearing House Association’s operating rules, which authorize inter-bank clearing of electronic payments.