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What Is ACH Direct Deposit?

Gone are the days of rushing to your bank to make sure you can deposit or cash your paper check. Now, it can all be electronically transferred instantaneously. So what are these magical wire transfers ...
An ACH transfer is a way to move money between accounts Fact checked by Rebecca McClay ACH transfers are electronic money transfers sent from one bank to another across an Automated Clearing House ...
Automated Clearing House, or ACH, payments power billions of transactions every year, yet many people don't fully understand how they work. Whether you're receiving a direct deposit from your employer ...