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ACH
(redirected from Automated Clearing House)

   Also found in: Dictionary/thesaurus, Medical, Financial, Acronyms, Wikipedia 0.01 sec.
ACH
(Automated Clearing House) A system of the U.S. Federal Reserve Bank that provides electronic funds transfer (EFT) between banks. It is used for all kinds of fund transfer transactions, including direct deposit of paychecks and monthly debits for routine payments to vendors. The ACH is separate and distinct from the various bank card networks that process credit card transactions. ACH operations are done in a batch mode, which can take up to 72 hours before the money is actually transmitted. A return notification is sent if there are insufficient funds in the account.


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lt;p>The spam messages pretend to come from the National Automated Clearing House Association (NACHA), a U.
ProgressSoft is currently preparing to implement its Automated Clearing House PS-ACH; a state-of-the-art solution which facilitates the transformation of consumer payments to electronic credits/debits.
Tobias has been a certified cash manager by the Association of Financial Professionals since 1989 and a National Automated Clearing House Association accredited ACH professional since 2001, according to MBC.
 
 
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automated checkout
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Automated Chemical Systems
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Automated Circuit Assurance, Long
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Automated Collection Management
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