ACH Line definition
ACH Line means a line of credit for Automated Clearing House transactions not to exceed Seven Hundred Fifty Thousand Dollars ($750,000).
ACH Line means an automated clearinghouse line of credit with PNC.
Examples of ACH Line in a sentence
Subject to the terms and conditions of this Agreement, Borrower may request ACH origination services by delivering to Bank a duly executed ACH application on Bank's standard form; provided, however, that the total amount of the ACH processing reserves shall not exceed the ACH Line.