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Glossary > A > "Automated Clearing House (ACH)" Definition

Automated Clearing House (ACH)

A collection of 32 regional electronic interbank networks used to process transactions electronically with a guaranteed one-day bank collection float.

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Automated Clearing House (ACH) - A collection of 32 regional electronic interbank networks used to process transactions electronically with a guaranteed one-day bank collection float.

Automated Clearing House (ACH) : a collection of 32 regional electronic interbank networks used to process transactions electronically with a guaranteed one-day bank collection float.