PPT Slide

Source: NACHA - The Electronic Payments Association

ACH Volume Grows 13 Percent in 3rd Quarter 2003

The Automated Clearing House Network grew by more than 13 percent in the 3rd Quarter of 2003 compared to a year ago, according to NACHA statistics. More than 1.89 billion transactions were conducted during the quarter, worth almost $5.4 trillion. These figures represent growth rates of 13.4% and 18.7%, respectively, over the same quarter of 2002. There were 874 million debits and 1.025 billion credits in the 3rd Quarter, for a total of 1.899 billion. The statistics include commercial inter-bank and government transactions, but not “On-Us” transactions.

Next slide Back to first slide View graphic version