FedACH

Federal Reserve ACH

FedACH is the ACH operator service provided by the Federal Reserve Banks, processing electronic payments between financial institutions across the United States.

FedACH is one of two ACH operators in the US (the other being EPN). It handles a significant portion of all ACH transactions, providing settlement through Federal Reserve Bank accounts. Same-day ACH processing has expanded FedACH capabilities.

Related Terms

ACH

Automated Clearing House

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

NACHA

National Automated Clearing House Association

NACHA is the organization that governs the ACH network in the United States, setting the rules and s...

Fedwire

Federal Reserve Wire Network

Fedwire is a real-time gross settlement (RTGS) system operated by the Federal Reserve Banks for high...

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