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ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire

Stax

Automated Clearing House (House) is the transfer of funds between an electronic network (known as ACH network) made up of banks, credit unions, and other 10,000+ financial institutions. These financial institutions all follow ACH rules and regulations by the National Automated Clearinghouse Association (Nacha).

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ACH Reversals vs. ACH Returns: What’s the Difference?

EBizCharge

Outside of commercial applications, ACH is also heavily used by the U.S. government to send payments such as tax refunds, Social Security benefits, and other government assistance programs. Many other countries have also created systems to mimic the ACH process.

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