ACH Debit

An ACH debit occurs when the receiver’s account is debited.

Related Terms

  • Cashless Payments

    Cashless payments are digital methods for exchanging financial transactions between two parties. Using cashless payments provide an alternative to using traditional paper or coin currency. Cashless payments...

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  • RCK (Re-presented Check)

    An additional presentment of an eligible returned paper check through the ACH network.

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