ACH stands for Automated Clearing House. ACH transfers are bank transfers, used to transfer funds from one bank to another via the ACH network (NACHA). This network is a batch processing system used by banks and other financial institutions to aggregate transactions for processing in bulk. ACH is a US-based system that supports both money transfers with the US as well as international transfers (International ACH Transactions, or IAT). Direct debit payments, e.g. for utilities, rent or subscriptions can be made at regular intervals using the ACH network.
What are ACH transfers?
What are International ACH Transactions (IAT)?
How does direct debit via ACH work?
What countries support ACH?