Source of Wire/ ACH (sender and bank) 2. Any identifying code numbers (reference and verification) 3. Date Wire/ ACH transfer is expected 4. Amount of Wire/ ACH transfer 5. Student Name and ID number ...
An ACH transfer is an electronic funds transfer between two banks that use the ACH network to process the transaction. In an ACH transfer, an originator initiates a direct transaction by ...
While all this may seem like one of the marvels of modern technology, you're actually using a decades-old system known as ACH payments. There are other means of moving money, like wire transfers ...