An ACH payment is a type of electronic money transfer that moves funds between bank accounts using the ACH network. These payments, sometimes called direct payments, are commonly used for payroll ...

With today's tech, you'd think that bank transfers would be free and instantaneous. And you'd be wrong. Free, near-instant ...

ACH payments are not instant; they are processed in batches, meaning funds do not transfer in real-time. The ACH processing time depends on when the transaction is submitted, bank processing ...