Automated Clearing House - ACH

An electronic automated clearing house (ACH) that serves as the sole ACH for the private sector in the United States. The Electronic Payments Network handles numerous types of credit ...

A non-profit membership association charged with overseeing the Automated Clearing House (ACH) system, which operates the largest electronic payment network in the world. Most of NACHA's ...

The corporate process of collecting, managing and (short-term) investing cash. A key component of ensuring a company's financial stability and solvency. Frequently corporate treasurers ...

The bank where a check is initially deposited to an account. If the check is drawn on the same bank, it is an "on-us" check that can be settled in-house.If the check is drawn on another ...

A process that allows paper checks received in payment for an account receivable to be electronically scanned and converted into an electronic payment through the Automated Clearing ...

A committee made up of the central banks of G10 countries that monitors developments in payment, settlement and clearing systems in an attempt to contribute to efficient payment and ...

A standard record of information regarding the transfer of a group of data (a batch), usually within the banking field. The batch header record contains information that is crucial for ...