NACHA (National Automated Clearing House Association – The Electronic Payments Association)

The national trade association responsible for developing and enforcing ACH rules and guidelines.

Related Terms

  • Business Day

    Refers to any weekday with the exception of federal holidays.

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  • E-Check (or echeck)

    E-Check payments are ACH payments that originate via the internet, telephone, point-of-sale (POS), or bill payment sent through the mail or unattended lockbox. For mail and lockbox...

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