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An ACH transfer is one of the main ways to send or receive money online. ACH, or Automated Clearing House, transfers account for the online bill payments you make and the direct deposits you receive, along with other transfers.

Hi Michael, ACH is Automated Clearing House. ACH payments are a type of electronic payment you've likely used before, even if you didn't know it. When you get paid by direct deposit, that's an ACH payment. And when automatic bill payments are processed, that's another example of an ACH transaction. An ACH payment—also known as an electronic check or a direct debit, among other names—is one of several ways to transfer money from one bank to another. And it doesn't require cash, paper checks, credit cards or other methods. Stay safe & have a great day!

Hi Michael and welcome. ACH stands for Automated Clearing House, which is a national network that facilitates electronic payments between banks and credit unions. It's the system behind many everyday transactions like direct deposits, bill payments, and online transfers. Cheers and stay safe!

ACH transfer is an electronic money transfer between bank accounts using the Automated Clearing House Network.