English | EN An automated clearing house (ACH) is a computer-based electronic network for processing transactions, usually domestic low-value payments, between participating financial institutions. It may support both credit transfers and direct debits. The ACH system is designed to process batches of payments containing numerous transactions and charges fees low enough to encourage its use for low-value payments.
WHITEPAPER: ACH AND NACHA OPERATING RULES
February 22, 2021
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