ACH
1
6.8
- noun
- /eɪ si eɪtʃ/
- Specialized
- No, it doesn't make much sense because ACH is so convenient, and most credit cards charge for cash advances.
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Watch on YouTubeSo it's much more efficient than say ACH or SWIFT, faster and cheaper.
- So it's much more efficient than say ACH or SWIFT, faster and cheaper.
- And I'm like, well, we could receive money through wire check, ACH or credit card.
- E*Trade got to the to the point where they you couldn't do any ACH coming out, you know, you they locked everything down.
- Like you move in, you see your charges, you can pay with your check, debit card, credit card, bank, ACH all automatically and you earn rewards.
- So if someone sends you ACH and takes two or three days, it's because of how much fraud happens.
- I ended up treating it like an ACH wire.
- So you could wire them money and then they would send you Bitcoin or ACH money to them and there were no restrictions pretty much whatsoever.
Examples
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The healthcare bill allows ACH (automated clearing house) transactions from your bank account when authorized.
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So if someone sends you ACH and takes two or three days, it's because of how much fraud happens.
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This was before ACH, and Western Union was expensive.
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You could connect to your bank account and ACH dollars onto our platform.
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And I'm like, well, we could receive money through wire check, ACH or credit card.
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So it's much more efficient than say ACH or SWIFT, faster and cheaper.
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Soros uses ACH transfers now.
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The ACH and DHCommons, a hub for DH collaboration, are proud to announce a new partnership that will make seeking an ACH mentor (or volunteering to be a mentor) simple.
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You can pay your bills easily using ACH to transfer money directly from your bank account.
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Many employees receive their salaries via ACH transfers into their checking accounts.
Synonyms
2
4.9
A central place where banks exchange payments and settle accounts daily
Surface Forms
Etymology
The word ACH comes from the name Automated Clearing House, a U.S. system that moves money between bank accounts. Think of it as an 'automatic' place where banks 'clear' payments for each other, so an ACH payment sends money from one account to another without paper checks.