Automated-clearing-house definition: 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 Federa
Clearing House Automated Payment System meaning, definition, what is Clearing House Automated Payment System: a system for making payments between dif...: Learn more.
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Callers are telling New Yorkers they've won a boatload of money and a new vehicle in the Publishers Clearing House but unfortunately, that's not the truth.
Are There Any Disadvantages to Automated Clearing House Transactions? ACH transactions may come with fees, depending on your bank, meaning the more you require, the more you'll spend on fees. Certain banks limit the amount of money you can transfer through the system, so if you want to tran...