Automated Clearing House - Uses of The ACH Payment System

Uses of The ACH Payment System

  • Bank treasury management departments sell this service to business and government customers
  • Business-to-business payments
  • Direct debit payment of consumer bills such as mortgages, loans, utilities, insurance premiums, rents, and any other regular payment
  • Direct deposit of payroll, Social Security and other government payments, and tax refunds
  • E-commerce payments
  • Federal, state, and local tax payments

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