
How does ACH actually move money between US bank accounts?
ACH is a batch messaging network. Banks send credit and debit files to an operator, which sorts them and settles by moving the banks' own balances.

ACH is a batch messaging network. Banks send credit and debit files to an operator, which sorts them and settles by moving the banks' own balances.

ACH is a batch messaging network. Banks send credit and debit files to an operator, which sorts them and settles by moving the banks' own balances.