Automated clearing house

ACHDirect DepositACH paymentACH transfersclear
An automated clearing house (ACH), or automated clearinghouse, is an electronic network for financial transactions, generally domestic low value payments.wikipedia
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ACH Network

ACHACH origination systemsAutomated Clearing House (ACH)
Each ACH system has its own specifics; see, for example, quick facts for the NACHA ACH Network in the United States and its terminology.
ACH Network is a United States electronic payment network that processes financial transactions for the Automated Clearing House.

Real-time gross settlement

RTGSReal time Gross settlementReal Time Gross Settlement (RTGS)
ACH payments contrast with Real-time gross settlement (RTGS) payments which are processed immediately by the central RTGS system and not subject to any waiting period on a one-to-one basis.
However, most regular payments would not use a RTGS system, but instead would use a national payment system or automated clearing house that allows participants to batch and net payments.

Direct debit

debitdirect debitsdirect withdrawal
It is a form of clearing house that is specifically for payments and may support both credit transfers and direct debits. ACH direct debit collections include consumer payments such as utility bills, insurance premiums, mortgage loans, and other types of bills.
In the United States, direct debits are processed through the Automated Clearing House network.

NACHA

NACHA - The Electronic Payments Association
Each ACH system has its own specifics; see, for example, quick facts for the NACHA ACH Network in the United States and its terminology.
Automated Clearing House

Clearing house (finance)

clearing houseclearing housesclearinghouse
An ACH is a computer-based clearing house and settlement facility established to process the exchange of electronic transactions between participating financial institutions.
Automated clearing house

SIA S.p.A.

SIASIA-SSB
In the early 2000s, SIA created and managed the technology platform for the STEP2 project, the first continental ACH (Automated Clearing House) for retail payments in Euro.

FedACH

FedACH is the Federal Reserve Banks' Automated Clearing House (ACH) service.

Clearing (finance)

clearingclearing bankbankers' clearing house
Clearing (finance)
Though many debit cards are drawn against chequing accounts, direct deposit and point-of-purchase electronic payments are cleared through networks separate from the cheque clearing system (specifically the Federal Reserve's Automated Clearing House and the private Electronic Payments Network.)

Payment system

payment networkpayment systemspayments system
Payment system
Specific forms of payment systems are also used to settle financial transactions for products in the equity markets, bond markets, currency markets, futures markets, derivatives markets, options markets, and to transfer funds between financial institutions both domestically using Automated clearing house and real-time gross settlement (RTGS) systems and internationally using the SWIFT network.

Electronic funds transfer

money transferEFTelectronic check
Electronic funds transfer
Automated Clearing House

Wire transfer

bank transfermoney transferInternational payments
Wire transfer
EFTS transfers are often called "ACH transfers", because they take place through Automated Clearing Houses.

Insurance

insurance companyinsurance companiesinsurer
ACH direct debit collections include consumer payments such as utility bills, insurance premiums, mortgage loans, and other types of bills.

Mortgage loan

mortgagemortgagesmortgaged
ACH direct debit collections include consumer payments such as utility bills, insurance premiums, mortgage loans, and other types of bills.

United States

American🇺🇸U.S.
Each ACH system has its own specifics; see, for example, quick facts for the NACHA ACH Network in the United States and its terminology.

Oesterreichische Nationalbank

National Bank of AustriaAustrian National BankAustrian central bank

Nets Group

NetsBankenes Betalingssentral asNets A/S