Meaning automated clearing house
What does automated clearing house mean? Here you find 31 meanings of the word automated clearing house. You can also add a definition of automated clearing house yourself

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automated clearing house


A collection of 32 regional electronic interbank networks used to process transactions electronically with a guaranteed one-day bank collection float.
Source: nasdaq.com

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automated clearing house


The Automated Clearing House, or ACH, is a network of financial institutions that processes many types of consumer payments, including debit and credit card transactions. Most consumers don't interact directly with the system, but if you have a direct deposit of your check or make a monthly mortgage payment, you're likely using the Automa [..]
Source: creditcards.com (offline)

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automated clearing house


An electronic payment network available to businesses, individuals, and financial institutions in the United States, U.S. territories, and Canada.
Source: cfainstitute.org (offline)

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automated clearing house


An electronic clearing system in which payment orders are exchanged among participants (primarily via electronic media) and handled by a data-processing centre. See also clearing [..]
Source: ecb.europa.eu

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automated clearing house


 An ACH transaction is an electronic fund
Source: christcenteredstore.com

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automated clearing house


ACH An electronic network for financial transactions in the United States. ACH processes large volumes of credit and debit transactions in batches. ACH credit transfers include direct deposit payroll [..]
Source: arccorp.com

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automated clearing house


A computerized facility used by member depository institutions to electronically combine, sort, and distribute inter-bank credits and debits. ACHs process electronic transfers of government securities [..]
Source: helpwithmybank.gov

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automated clearing house


The electronic network used to transfer money between accounts at different institutions.
Source: nationwide.com

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automated clearing house


Electronic transaction to/from any of your accounts
Source: ifcu.com (offline)

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automated clearing house


A collection of 32 regional electronic interbank networks used to process transactions electronically with a guaranteed one-day bank collection float.
Source: pfhub.com

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automated clearing house


A nationwide banking network that provides for electronic distribution and settlement of funds.
Source: finance.vermont.gov (offline)

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automated clearing house


Direct deposit or EFT (electronic funds transfer), a system used to electronically transfer funds from one bank account to another.
Source: crestcapital.com

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automated clearing house


Automated Clearing House is a network that connects all financial institutions and facilitates electronic transfers. This system provides for inter-bank clearing of electronic transactions. This syste [..]
Source: definitions.uslegal.com

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automated clearing house


A Federal Reserve Bank or private financial institution acting as a clearinghouse for direct deposit or fund transfer transactions. Entries are received and transmitted by the ACH under the rules of the association.
Source: finance.princeton.edu (offline)

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automated clearing house


A computer-based clearing and settlement operation, often operated by a Federal Reserve Bank, established for the exchange of electronic transactions among participating depository institutions. Such electronic transactions can be substituted for paper checks used to make recurring payments such as mortgages, or in direct deposit distribution of fe [..]
Source: tn.gov (offline)

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automated clearing house


The Automated Clearing House (ACH) is an electronic network for financial transfers, such as direct deposit and debit card transactions. It is a form of electronic funds transfer (EFT).
Source: edvisors.com

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automated clearing house


An electronic banking network that processes large volumes of both credit and debit transactions that originate in batches. ACH credit transfers include direct deposit payroll payments and payments to [..]
Source: acams.org

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automated clearing house


A nationwide electronic funds transfer network that enables participating financial institutions to distribute electronic credit and debit entries to bank accounts and to settle such entries.
Source: peoplessouthern.com (offline)

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automated clearing house


Utilized in the United States, an automated clearing house (ACH) is an electronic network for processing both credit and debit transactions online. Automatic payments for bills such as student loans m [..]
Source: citizensbank.com

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automated clearing house


A computerized facility used by member depository institutions to electronically combine, sort, and distribute inter-bank credits and debits. ACHs process electronic transfers of government securities [..]
Source: bankersadda.com

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automated clearing house


A secure payment transfer system that connects all U.S. financial institutions. The ACH network acts as the central clearing facility for all Electronic Fund Transfer (EFT) transactions that occur nationwide, representing a crucial link in the national banking system.
Source: ourgrovecu.com (offline)

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automated clearing house


A nationwide payment and collection system that provides for electronic distribution and settlement of funds. Although the term Electronic Fund Transfer (EFT) is technically more inclusive than the te [..]
Source: ofm.wa.gov

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automated clearing house


A computerized facility used by member depository institutions to electronically combine, sort, and distribute inter-bank credits and debits. ACHs process electronic transfers of government securities and provided customer services, such as direct deposit of customers' salaries and government benefit payments (i.e., social security, welfare [..]
Source: uhcu.org (offline)

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automated clearing house


A system that administers electronic funds transfers (EFTs) among participating financial institutions. An example of such a transfer is Direct Deposit of a tax refund from IRS into a taxpayer's account at a financial institution.
Source: irs.gov (offline)

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automated clearing house


A nationwide electronic funds transfer network which enables participating financial institutions to distribute electronic credit and debit entries to bank accounts and to settle such entries.
Source: highradius.com (offline)

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automated clearing house


Automated clearing house (ACH) is an electronic payments system (outside the card networks) for clearing and settling transactions. Funds are electronically exchanged directly to/from participants’ accounts. Frequently used by end-user organisations as the payment method by which to pay their issuer.
Source: exchange-summit.com (offline)

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automated clearing house


A nationwide electronic funds transfer system that provides for inter-bank clearing of electronic payments, such as credit card transactions. An ACH transaction is an electronic fund transfer throug [..]
Source: en.wiktionary.org

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automated clearing house


A collection of 32 regional electronic interbank networks used to process transactions electronically with a guaranteed one-day bank collection float.
Source: people.duke.edu

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automated clearing house


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 [..]
Source: en.wikipedia.org

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automated clearing house


Automated Clearing House (ACH) is a network used by financial institutions in the United States to facilitate the electronic transfer of funds.  Rentables offers fully integrated ACH services that greatly simplify paying owner proceeds.  With just a few simple clicks you can transfer owner proceeds from your trust account to an owner's checkin [..]
Source: rentables.com (offline)

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automated clearing house


(Direct Deposit) Method used to automatically transfer funds from UNC to individual bank accounts.
Source: unco.edu (offline)





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