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ACH Deposit

/eɪ siː eɪtʃ dɪˈpɒzɪt/noun
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An ACH deposit is an electronic funds transfer processed through the Automated Clearing House network, enabling secure and efficient movement of money between bank accounts. This method is a staple in modern banking for direct deposits like paychecks or bill payments, offering speed and reliability while reducing the risks associated with physical checks.

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