Automated Clearing House (ACH)


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The Automated Clearing House (ACH) is a nationwide electronic network that facilitates the movement of money between financial accounts in the United States or internationally. It is a batch processing system, meaning that transactions are grouped and processed at specific times throughout the day. ACH transactions can be used to make both credit and debit payments.

Financial institutions play a critical role in the Automated Clearing House (ACH) network. They are responsible for initiating and receiving ACH transactions on behalf of their customers. ACH transactions account for one of the fastest growing payment systems in the world moving more than 86 trillion and 30 billion electronic financial transactions each year.

Course Includes:

  • What is NACHA?

  • Originating Depository Financial Institutions (ODFIs)

  • Receiving Depository Financial Institutions (RDFIs)

  • Benefits of ACH for Financial Institutions

  • ACH vs. Card Payments

  • ACH vs. Wire Transfers

  • ACH Transfer Safety

  • Regulation E

  • ACH Transaction Process

  • Same-Day ACH Process

  • ACH and OFAC

  • International ACH Transactions (IAT)

  • ACH Risk Management and Assessment Rule

  • Videos

  • Articles



Code: C1552SP
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