ACH Operations, ODFI and Regulations

What is an ACH Deposit and How Does It Work?

Stax

APRIL 23, 2024

Many small businesses choose ACH operators because they are more convenient than most direct deposits. ACH transfers don’t come with high fees and transactions and they’re easily edited if an employer wants to adjust payroll, extend bonuses, or reimburse an employee.

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ACH Direct Deposit ACH Network Wire Transfer

ACH SEC Codes

Payment Savvy

NOVEMBER 10, 2022

Instead, they are under the jurisdiction of NACHA (The National Automated Clearing House Association), which establishes the rules and regulations that all the institutions that are part of the network follow. When it comes to an ACH transaction, there are two main participants. The request is then sent to an ACH operator.

SEC Codes

SEC Codes ACH ODFI Wire Transfer

Payments Space

What is an ACH Deposit and How Does It Work?

ACH SEC Codes

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