What is ACH?
The ACH Network, or Automated Clearing House Network, is a system in which funds are electronically transferred from one party to another. ACH transfers allow for safe money transfers online, such as for direct deposits or bill paying.
What are ACH transfers?
ACH transfers are funds transfers using the ACH Network to move money from an account at one financial institution to another. Examples of ACH transfers include receiving your pay through direct deposit or paying your bills online through your bank accounts.
Features and Benefits
- ABB offers ACH a secure online cash management platform.
- You can collect funds directly from customer checking accounts
- You can also use ACH for business-to-business payments.
- Send payments to vendors, suppliers, utilities, and trade associations.
- Use ACH to pay your employees' payroll.
For more information on ACH, please contact your local Customer Service Representative or the Cash Management Department at 1-800-345-8081.
