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2. ACH vs. Wire Transfer: Must-Know Money Tips - AOL

   www.aol.com/finance/ach-vs-wire-transfer-must...

   ACH and wire transfer are terms used to describe different ways of sending money electronically. Both are widely used, but ACH is more common when individuals are paying bills, receiving paychecks ...

3. ACH Transfers: Everything You Need To Know - AOL

   www.aol.com/ach-transfers-everything-know...

   Concentration: Used to consolidate funds into a single account. Fees for ACH processing vary. All financial institutions that send or receive ACH transfers must pay an annual fee plus nominal fees ...

4. Automated clearing house - Wikipedia

   en.wikipedia.org/wiki/Automated_Clearing_House

   An automated clearing house ( ACH) is a computer-based electronic network for processing transactions, [ 1] usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits. [ 2][ 3] The ACH system is designed to process batches of payments containing numerous transactions ...

5. Wire transfer - Wikipedia

   en.wikipedia.org/wiki/Wire_transfer

   An EFTS payment is essentially an electronic personal check, whereas a wire transfer is more like an electronic cashier's check. EFTS transfers are often called "ACH transfers", because they take place through Automated Clearing Houses. One important way ACH transfers differ from wire transfer is that the recipient can initiate it.

6. Electronic funds transfer - Wikipedia

   en.wikipedia.org/wiki/Electronic_funds_transfer

   Electronic funds transfer ( EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer -based systems, without the direct intervention of bank staff. Funds transfers are the primary mechanism used by the business community for fast and ...

7. What Is a Wire Transfer? Your Guide - AOL

   www.aol.com/finance/wire-transfer-guide...

   A wire transfer is a method for electronically sending money between bank accounts. You can wire money through a bank, credit union or wire transfer service. The technology dates back to the late ...