ACH stands for Automated Clearing House. It is a network that facilitates electronic payments and money transfers between bank accounts in the United States. ACH transactions are commonly used for direct deposits, payroll, and recurring bill payments. They typically take one to three business days to process.

 

Why is this page important? Knowing what ACH is helps customers understand how their electronic payments are processed and the timeframes involved.

 

Next Steps:

1. Ensure your bank account is set up for ACH transactions.
2. Provide your banking details to the payer or service provider.
3. Monitor your account for incoming ACH payments.