ACH, EFT, and Bank Transfers

ACH and EFT pages explain electronic payment rails and transfer methods used to move money between accounts.

This subsection groups the core transfer vocabulary used in retail and business banking.

In this section

• ACH
  U.S. batch payment rail for bank-to-bank transfers, commonly used for payroll, bill pay, and low-cost electronic payments.
• Bank Transfer: The Process of Electronic Fund Movement
  An in-depth guide to understanding the process, types, importance, and nuances of bank transfers.
• Electronic Fund Transfer (EFT): The Electronic Transfer of Money
  Electronic Fund Transfer (EFT) refers to the electronic movement of money from one bank account to another. This process is conducted without the need for direct interaction with bank staff.
• Transfer of Funds: Methods and Implications
  Exploring the Definition, Methods, Types, and Implications of Transfer of Funds