Jump to content

FedACH

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Mauls (talk | contribs) at 09:52, 18 June 2020. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

FedACH is the Federal Reserve Banks' automated clearing house (ACH) service. In 2007, FedACH processed about 37 million transactions per day with an average aggregate value of about $58 billion. For comparison, Fedwire processed about 537,000 transactions per day valued at nearly $2.7 trillion in the same year.[1]

See also

References

  1. ^ The Department of the Treasury Blueprint for a Modernized Financial Regulatory Structure (PDF). United States Department of the Treasury. March 2008. p. 210.


Stub icon

This United States bank-related article is a stub. You can help Wikipedia by expanding it.

Retrieved from "https://en.wikipedia.org/w/index.php?title=FedACH&oldid=963178815"