see: automated clearing house

English - English

Definition of see: automated clearing house in English English dictionary

Ach

Related Terms

automated clearing house

A nationwide electronic funds transfer system that provides for inter-bank clearing of electronic payments, such as credit card transactions. An ACH transaction is an electronic fund transfer through the Federal Reserve Bank from a checking or savings account

Automated Clearing House

Ach

Hyphenation

see: au·to·ma·ted clear·ing House