What is ACH?

The ACH Network processes electronic financial transactions – such as Direct Deposit and Direct Payments – for consumers, businesses, and federal, state and local governments.

ACH Almost Certainly Touches Your Life

When you wake up on a Friday and see that your salary was automatically deposited to your bank account, that’s ACH.

When you pay a bill online and save the hassle of writing and mailing a check, or set your mortgage, car loan and other recurring payments to automatically pay on the day of the month you choose, that’s ACH.

Those are just some of the ways that tens of millions of Americans use ACH, or the Automated Clearing House Network. Whether you know it as Direct Deposit, direct pay or electronic check, ACH is at your service handling everything from Social Security and salaries to mortgage and credit card payments and more. Just set it and forget it—no more worrying about getting payments in on time.

ACH and Consumers

Consumer FAQs on ACH

    See ACH in Action

    ACH Network Volume Statistics

    In 2021, the ACH Network processed more than 29 billion payments, marking the seventh consecutive year in which it added more than 1 billion new payments. Those include Direct Deposit via ACH of salaries, dividends and Social Security and other government benefits, and Direct Payment via ACH for bill payments including utilities and mortgages, as well as charitable giving, tuition, subscription services, and person-to-person (P2P) and business-to-business (B2B) payments. The total value of these payments was close to $73 trillion.

    ACH Network’s History

    In 1974 people carried dimes to make calls from payphones and copies were made on a mimeograph. A lot has changed, and so has Nacha and the ACH Network. The network continues to grow and provide greater services to consumers and businesses.

    Network Administration Fees

    One of the ways that financial institutions help sustain a healthy ACH Network is through Network Administration Fees.

    Each depository financial institution that transmits or receives ACH entries is required to pay Nacha an Annual Fee and a Per-Entry Fee for costs associated with the administration of the ACH Network. The fee amounts are set to recover costs of the ACH Network administrative functions, which Nacha performs for the industry on an “at-cost” basis.