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Subject:
ACH Checks
Category: Business and Money > Small Businesses Asked by: roberttwt-ga List Price: $50.00 |
Posted:
24 Aug 2003 07:19 PDT
Expires: 23 Sep 2003 07:19 PDT Question ID: 248170 |
Google experts, what ACH check processing service on the internet processes checks the fastest--shortest amount of time from when check recieve to when funds cleared? Thanks for your time. | |
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There is no answer at this time. |
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Subject:
Re: ACH Checks
From: missy-ga on 24 Aug 2003 19:21 PDT |
Hello Robert, The length of time required for an ACH check to clear depends on a number of factors, including the underwriting policies of both the sending and receiving banks, and traffic through the ACH system itself. (ACH transactions processed just before or just after a Federal holiday are a little slower.) Most ACH transfers are completed within 72 hours, some take slightly longer. To the best of my knowledge, the fastest any such payment will clear is 72 hours. This answer explains how the ACH system works: ACH http://answers.google.com/answers/main?cmd=threadview&id=244497 --Missy |
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