ACH Transaction means an electronic payment, debit, or credit transfer processed through an automated clearing house.
ACH Transaction means an entry complying with the NACHA ACH Record Format Specifications, for NACHA standard entry class codes ARC, WEB, POP, TEL, and BOC.
ACH Transaction means a transaction cleared through the Automated Clearing House.
Examples of ACH Transaction in a sentence
In the case of an ACH transaction being rejected for Non-Sufficient Funds (NSF), I understand that SLF may at its discretion attempt to process the charge again within 30 days, and agree to an additional $35.00 charge for each attempt returned NSF, which will be initiated as a separate transaction from the authorized recurring payment.
If implemented by Company, Company’s payors may initiate payments on Invoices through the EBPP Service by creating a pre-authorized debit file originating an ACH transaction that debits the payor’s designated checking or savings account for the amount of the payment.
More Definitions of ACH Transaction
ACH Transaction means the acceptance of a check, whether in electronic or paper form, or routing and account information associated with Payor’s bank account for payment for goods sold and/or leased or services provided to Payor by Merchant and receipt of payment by Merchant via the ACH Network.
ACH Transaction means an electronic payment, debit, or credit transfer processed through an ACH pursuant to an authorized ACH arrangement.
ACH Transaction means a transaction cleared through the Automated Clearing House. “Available Balance” is the amount of funds available for your Account.
ACH Transaction refers to an Automated Clearing House debit or credit to your Account in order to transfer funds to another UMB Account or an External Account, or to or pay a bill.
ACH Transaction means a deposit or payment transferred to or from your account through an ACH. “agent” has the meaning set forth in the Section titled “Opening Your Account.”
ACH Transaction means an electronic transaction by means of the Automated Clearing House network for the interbank clearing of electronic payments for participating depository financial institutions;
ACH Transaction means an Electronic Record of amounts to be deposited or debited to a bank account at a financial institution participating in the ACH.