
ACH Receiver
An ACH Receiver is an entity—such as a business or individual—that receives money through the Automated Clearing House (ACH) network, a system used for electronic payments and direct deposits. When someone sends you an ACH payment, your bank processes it and credits your account. Essentially, the ACH Receiver is the recipient of these electronic funds, benefiting from secure and efficient transfers for payroll, bill payments, or other transactions without using paper checks or cash.