# Clearing House, Automated Clearing House (ACH)

- Canonical URL: https://www.gerhardmerk.de/clearing-house-automated-clearing-house-ach
- Post ID: 589393
- Modified: 2023-07-25T20:59:17+00:00
- Language: en

## Definition

Settlement system for interbank clearing (= a set of procedures whereby financial institutions present and exchange data and/or documents relating to funds or securities transfers to other financial institutions at a single location), established by the Euro Banking Association (EBA). - See settlement, fully automated, business continuity program, close-out, EURO1, European Payments Council, capital transfer system, electronic, retail payments, electronic. - Cf. ECB Annual Report 2003, pp. 130 ff. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1