ACH definition

Examples of ACH in a sentence

  • Actual Clearance, ZBA - ACH The State shall request funds such that they are deposited by ACH in a State account on the settlement date of payments issued by the State.

  • Average Clearance The State shall request funds such that they are deposited by ACH on the dollar-weighted average day of clearance for the disbursement, in accordance with the clearance pattern specified in Exhibit II.

  • Each ACH payment must be received by AT&T-21STATE no later than the Bill Due Date of each bill or Late Payment Charges will apply.

  • CLEC is responsible for any Late Payment Charges resulting from CLEC’s failure to use electronic funds transfers through the ACH network.

  • Remittance Information will be communicated together with the funds transfer via the ACH network.


More Definitions of ACH

ACH means the Automated Clearing House paperless entry system controlled by the Federal Reserve Board.
ACH has the meaning set forth in Section 4.3(a).
ACH is the acronym for the “Automated Clearing House” Network and means the funds transfer system governed by the National Automated Clearing House Association (“NACHA”).
ACH means automated clearing house, a central clearing facility operated by a federal reserve bank or a private sector orga- nization on behalf of depository financial institutions in which depository financial institutions transmit or receive ACH entries.
ACH means automated clearinghouse transfers.