ACH (Automated Clearing House), Find Credit Unions, Fiduciaries, Savings Plans, Trust Companies, Letters Of Credit, Registered Agents

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ACH (Automated Clearing House) - Depository Glossary Terms and Abbreviations

A nationwide system for electronically processing large volumes of credit and debit transactions. An example of a credit would be a direct deposit payroll payment. An example of a debit would be a mortgage loan payment automatically paid monthly from a checking account.

Depository glossary and terms by letter

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