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Credit Glossary Definition (English)

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ACH Debit Defined

Credit ACH Debit

Source: Yahoo

The following is in context to Credit, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.

"An Automated Clearing House (ACH) Debit is a banking term for the electronic transfer of funds in which the state contacts its bank to initiate the transfer from your bank account to the state's account. The state pays the transaction costs for the ACH Debit. If you choose this payment option you will be able to file your return at any time and authorize the payment amount and date, up to the due date of the return, that you want the funds withdrawn from your account."


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Additional ACH Debit Definition Starting Points

The following links are listed in alphabetical order. Please note we cannot guarantee ACH Debit definitions are contextually accurate to Credit at third party websites.

Expert Dictionary: ACH Debit

Dictionary: ACH Debit

Google 'Define': ACH Debit

Topical Terminology:ACH Debit


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