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What is ACH payment ?

Former Member
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Hi All,

can any body help me with what exactly is ACH payment, when & where we use this, please help me with some business case example.

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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ACH payment is one form of payment just like wire. Only difference is funds are not transferred immediately. Like wire, account ACH was initiated would be credited immediately. It will require Routing Number and Bank Account number only (ETF will require Routing Number, Bank Account Number and Check.)

Answers (1)

Answers (1)

former_member198032
Active Contributor
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