What is an ACH?

What is an ACH?

ACH (Automated Clearing House) is an electronic payment system that enables the transfer of funds between banks for various transactions like direct deposits, bill payments, or transfers between accounts.

An ACH Debit is when the originator initiates a pull (debit) request through the ACH network to receive funds.

An ACH Credit is when the originator initiates a push (credit) request through the ACH network to deliver funds.