Automated Clearing House

Automated Clearing House (ACH) is a system that facilitates the electronic transfer of funds between financial institutions. ACH is used to process a wide range of transactions, including direct deposit of paychecks, electronic bill payments, and other financial transactions. Continue Reading Below

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About Automated Clearing House

Automated Clearing House (ACH) is a system that facilitates the electronic transfer of funds between financial institutions. ACH is used to process a wide range of transactions, including direct deposit of paychecks, electronic bill payments, and other financial transactions. ACH is a secure and efficient way to transfer funds, and it is widely used by consumers, businesses, and government agencies. ACH transactions are processed in batches, and they are typically settled on the next business day. ACH is operated by the National Automated Clearing House Association (NACHA), which is a nonprofit organization that sets the rules and standards for the use of the ACH network. ACH is an important part of the electronic payment system in the United States and other countries.