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Defining The ACH Network

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For all the ACH information out there, I've yet to find a answer to how exactly the ACH network is run, and who pays for it. Is this federally funded? Does it cost to use, or are these charges just imposed by banks and brokers to customers of their systems? What is involved in becoming a ACH broker for businesses and consumers?

A good discussion of ACH is here.

First published on 7/15/02

First published on 07/15/2002

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Filed under technology as: 

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