What does it mean to pay money by ACH transfer?

1 answer

Answer

1190123

2026-10-15 06:26

+ Follow

Paying money by ACH transfer means using the Automated Clearing House network to electronically move funds between bank accounts. This method allows for secure and efficient transactions, such as direct deposits, bill payments, and business transactions, without the need for paper checks. ACH transfers typically take one to two business days to process, making them a popular choice for recurring payments.

ReportLike(0)ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.