ACH (Automated Clearing House) is the electronic network set up to facilitate financial transactions. All transactions that run though the ACH network conform to the rules established by NACHA (National Automated Clearing House Association) and the Federal Reserve.
An eCheck (electronic check) is a version of a check used to make an online payment. To pay with eChecks, your resident will need their checking account number, bank routing number, the bank account number, and the name that is on their account. With an e-check, payments are withdrawn from your checking account and transferred electronically to the payee via the ACH network.
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