Mar 16 2020

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Credit one bank national association What is ACH?: Quick Facts About the Automated Clearing House (ACH) Network Posted October 1, 2015 The Automated Clearing House Network The ACH Network is at the center of commerce in the U.S., moving money and information from one bank account to another through Direct Deposit and Direct Payment via ACH transactions, including ACH credit and debit transactions; recurring and one-time payments; government, consumer and business-to-business transactions; international payments; and payments plus payment-related information. Each year it moves more than $41 trillion and 24 billion electronic financial transactions. As such, the ACH Network is now …