A nationwide electronic funds transfer network that lets financial institutions distribute electronic credit and debit entries to bank accounts and settle them. The ACH enables banks to settle accounts with other banks.
Automatic Clearing House - Investment & Finance Definition
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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"Automatic Clearing House." YourDictionary, n.d. Web. 06 December 2018. <https://www.yourdictionary.com/automatic-clearing-house>.
APA Style
Automatic Clearing House. (n.d.). Retrieved December 06th, 2018, from https://www.yourdictionary.com/automatic-clearing-house
