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Ach automated clearinghouse credits

• Deposits of payroll directly into the payees' (employees') accounts. Sacrifices disbursement float but may generate goodwill for the employer.

 
 

Follow this link for all the terms related to credit.

 
 Embedded terms in definition
 Disbursement float
Float
Goodwill
 
 Related Terms
 Ach
Ach automated clearinghouse debits
Automated clearing house
Clearing house automated payment system
Clearing house or clearinghouse
Clearinghouse
National association of securities dealers automated quotation system

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