# ACH Transfer

**IRI:** https://folio.openlegalstandard.org/RD2uL5bdttlZDkKgkhk2jS8

## Labels

**Preferred Label:** Automated Clearing House Transfer

## Definition

An ACH (Automated Clearing House) Transfer is an electronic method of moving funds between bank accounts via the Automated Clearing House network. Commonly used for domestic transactions, it enables payments like direct deposits and bill payments.

## Sub Class Of

- https://folio.openlegalstandard.org/R8V9Ma3IrggNq0pxeXl8Re5

**Deprecated:** False