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What is the Automated Clearing House (ACH)?

au - to - ma - ted  clear - ing  house
noun

The Automated Clearing House (ACH) is a sophisticated electronic network designed for facilitating seamless financial transactions. Operating as a streamlined system, it significantly expedites financial exchanges within the United States. This efficient electronic framework plays a pivotal role in enabling merchants to transfer funds between different banks, contributing to the fluidity and effectiveness of the country's financial landscape.