Interview Questions

What is ACH and NACHA?

Software QA/Testing Technical FAQs

(Continued from previous question...)

What is ACH and NACHA?

ACH- Automatic clearing house
ACH. A nationwide electronic funds transfer network which enables participating financial institutions to distribute electronic credit and debit entries to bank accounts and to settle such entries.
A membership organization that provides marketing and education assistance and establishes the rules, standards and procedures that enable Financial Institutions to exchange ACH payments on a national basis.

(Continued on next question...)

Other Interview Questions