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AHC: Amerada Hess Corporation. Business » NYSE Symbols. Rate it: AHC: Assault Helicopter Company. Governmental » Military-- and more... Rate it: AHC: Architectural Hardware Consultant. Business » Occupation & Positions. Rate it: AHC: Automated Head Count. Governmental » Military. Rate it: AHC: Aromatic Hydrating Concentrate. Miscellaneous » Unclassified. Rate it: AHCWhat is an ACH authorization?
ACH (Automated Clearing House) authorization refers to an agreement by a receiver to allow an ACH credit or debit entry to its account. In the case of credit transactions, authorization may be oral; but authorization for consumer debit transactions should be in writing.How does ACH payment processing work?
ACH payments are electronic payments made through the Automated Clearing House (ACH) Network. Funds move from one bank account to another with the help of an intermediary that routes funds to the final destination. Computerized payments can provide benefits to both merchants and consumers.What is ACH in accounting?
ACH is an acronym for Automated Clearing House, an electronic network used to process bank-to-bank transactions. An ACH credit occurs when funds are deposited electronically into an account.