What is an ACH (Automated Clearing House)?

What is an ACH? An ACH (automated clearing house) payment is a transfer of money electronically from one bank account to another bank account also known as a EFT (electronic funds transfer).

In this video, we're going to talk about the pros and cons of paying with ACH. We'll cover things like fees, processing times, and more. Hopefully, this video will help you make a choice about which payment method is best for you!

Keep learning more about subjects like this, check out the following:

👍BANKING: What is a Bank Wire?

👍Check and ACH Fraud: Real Life Experience from a CPA

Disclosure Disclaimer: The information in this video is provided for general educational purposes only and may not reflect changes in federal or state laws. Please consult with a professional tax advisor about your facts and circumstances.

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