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What is the abbreviation for automated clearing house?
Looking for the shorthand of automated clearing house? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: automated clearing house.
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What does automated clearing house mean?
- automated clearing house(Noun)
- A nationwide electronic funds transfer system that provides for inter-bank clearing of electronic payments, such as credit card transactions. An ACH transaction is an electronic fund transfer through the Federal Reserve Bank from a checking or savings account.
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"automated clearing house." Abbreviations.com. STANDS4 LLC, 2024. Web. 20 Jun 2024. <https://www.abbreviations.com/automated%20clearing%20house>.
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