Batch Processing

Batch processing is a method of processing transactions in groups rather than individually (as in RTGS systems), typically done at scheduled intervals throughout the day.

ACH payments are processed in batches, which is why they take longer to settle than real-time transfers. Banks collect transactions throughout the day and process them together, reducing costs and improving efficiency.

Related Terms

ACH

Automated Clearing House

ACH is an electronic network for financial transactions in the United States. It processes large vol...

EFT

Electronic Funds Transfer

EFT is a broad term for any transfer of money from one bank account to another through electronic me...

RTGS

Real-Time Gross Settlement

RTGS is a funds transfer system where money moves from one bank to another on a real-time and gross ...

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