Tag: Automatic Clearing House
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How Same-Day ACH Transfers Can Benefit Small Businesses
Posted On: December 29, 2020 by Falcon National Bank in: Manage your Business | Business Banking
ACH (or Automated Clearing House) transfers are a secure way to electronically transfer money between accounts in different banks. Last year, more than 24 billion ACH transactions were processed in the United States. In fact, you likely made an ACH transfer without even realizing it. For example, if you pay bills online or your paychecks are directly deposited into your bank account, those are examples of an ACH transfer. For business owners, ACH transfers aren’t just beneficial, they...
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