ACH Network

The ACH Network (Automated Clearing House) is a secure system used in the U.S. for electronic transfers of money between bank accounts. It handles a variety of payments, such as direct deposits of payroll, bill payments, and online transfers. When you authorize an electronic payment or deposit, the ACH Network processes and settles these transactions efficiently and securely through a network of banks and financial institutions. It's a reliable, cost-effective way to move money electronically without the need for physical checks or cash.