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  2. Automated clearing house - Wikipedia

    en.wikipedia.org/wiki/Automated_Clearing_House

    An automated clearing house (ACH) is a computer-based electronic network for processing transactions, [1] usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits .

  3. ACH Transfers: Everything You Need To Know - AOL

    www.aol.com/finance/ach-transfers-everything...

    The originator likely will request a voided check or have you complete a form to collect your account information to continue with such transactions as a bill payment. Types of ACH Transfers.

  4. What Is ACH Direct Deposit? - AOL

    www.aol.com/ach-direct-deposit-222348700.html

    The difference between direct deposit and ACH transfers is that direct deposits are transfers into your checking or savings account in the form of tax payments, government benefits or payroll ...

  5. ACH Network - Wikipedia

    en.wikipedia.org/wiki/ACH_Network

    In the United States, the ACH Network is the national automated clearing house (ACH) for electronic funds transfers established in the 1960s and 1970s. It is a financial utility owned by US banks, and is one of the largest payments networks in the United States, both by volume and by customer reach; virtually every bank account in the US, whether personal or commercial, is connected to the ...

  6. Electronic funds transfer - Wikipedia

    en.wikipedia.org/wiki/Electronic_funds_transfer

    Not all EFT payments are processed through the ACH network, but all ACH payments are EFTs; Automated teller machine (ATM) transfers; Direct deposit payment or withdrawals of funds initiated by the payer; Direct debit payments in which a business debits the consumer's bank accounts for payment for goods or services

  7. What Time Does Direct Deposit Hit? - AOL

    www.aol.com/best-banks-early-direct-deposit...

    A direct deposit is simply an electronic funds transfer through the ACH Network. The payer initiates an electronic payment deposited into your bank ... and doesn’t require a separate enrollment.

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