ACH (Automated Clearing House)
An Automated Clearing House (ACH) is a batch-processing electronic funds transfer network used to clear high-volume, low-value domestic retail transactions. In the United States, the ACH network is governed by Nacha and processes direct deposits, consumer bills, and B2B clearings.
Aliases: Automated Clearing House
Standards & Citations
- 🌐 ISO 9362 / ISO 13616: International standards for financial identifiers (ISO OBP).
- 🏢 SWIFT Registration Authority: Designated ISO registration authority (swift.com).
- 📂 swiftbic.org Data Register: Provenance registry for bank code data (Data Sources).