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DepositAccounts Article: How ACH Transfers Work

Ken Tumin
Ken Tumin   |     |   5,936 posts since 2009

While I focus on deals, we're going to continue to have others write articles on timeless banking topics. I'll be reviewing them before publication. The latest one was written by Heather, and it's on How ACH Transfers Work.

ACH transfers make internet banking possible. It's used to pay bills, receive paychecks via direct deposit and for transferring money between banks. The ACH transfer capabilities is one of the most important features for an online bank, yet it's often overlooked.