7 ACH Processing Mistakes That You Should Avoid
Automatic clearing house (ACH) payments can be a convenient way of transferring funds electronically. However, their convenience does not mean they are entirely foolproof. Just like any other electronic payment, you run the risk of encountering fraud. Furthermore, a few simple mistakes can mean you will pay way more than you should be paying. If […]
What Is ACH Deposit and How It Works
The first thing that you should know about ACH direct deposits is that they are one method that you can use to electronically transfer funds into your checking or savings account. With an ACH direct deposit, you can get paid by a state or federal agency or by your employer quickly. Typically, you will receive […]
What Does ACH Stand for in Online Banking?
What does ACH stand for? ACH is a major contributor to the U.S. financial system. An overwhelming majority of people complete millions of business transactions daily with little knowledge of the impact of ACH. It is one method of money moving successfully from one account to the other. Each mode of currency, such as credit […]