See the Wikipedia definition : http://en.wikipedia.org/wiki/Automated_Clearing_House
1 Answers · Business & Finance · 04/11/2006
... you call a "normal" bank transfer would be an ACH transfer. That system is different...the transaction called a correspondent bank ). International ACH transfers can't always be...
1 Answers · Business & Finance · 26/09/2012
..., CHIPS) among banks • Automatic clearinghouses ( ACH )• e-money (stored-value...• Money definitions frequently change with financial innovation...
1 Answers · Social Science · 28/08/2007