The Automated Clearing House (ACH) system is a widely used electronic payment network in the United States that facilitates various types of transactions, including direct deposits, bill payments, and business-to-business payments. However, sometimes these transactions can be unsuccessful, resulting in an ACH return. In this comprehensive guide, we will delve...
What Is an ACH Transfer?
In today's digital age, electronic payments have become increasingly popular and convenient. One such method is the ACH transfer, which stands for Automated Clearing House. Automated Clearing House (ACH) transfers allow individuals and businesses to send and receive funds electronically, providing a secure and efficient alternative to traditional paper checks....