ACH Network Debit Transaction RDFI 
Nanonets
MARCH 21, 2023
ACH (Automated Clearing House) payments are basically EFTs ( electronic fund transfers ) that use the ACH network to move funds between bank accounts in the United States. ACH is most commonly used for direct deposit of payroll, payment of bills, and business-to-business payments.
Payment Savvy
NOVEMBER 10, 2022
Before diving deeper into SEC codes, let’s take a minute to better understand ACH transactions – if you’ve already worked with ACH transactions and have an idea about what is involved in them, you can skip this section and go straight to SEC codes. SEC Codes – The List.
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