Results for: What_is_the_role_of_ACh

What are the basic banking ACH rules?

There are several basic banking ACH rules. ACH is Automated Clearing House. One rule with ACH is that no financial company can make a transaction without the owner knowing that it is happening.

What is an ACH remittance?

This can have two meanings: ACH by de facto is a US concern, ACH stands for Automated Clearing House, which is in some manner a very antiquated system for clearing of cheques electronically. If a payment is being made to…