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What is an ACH debit?

October 7, 2022
October 24, 2022
Customer Experience, Standard Operating Procedures, Money Market, Horizon
ACH, Stop Payment, ACH Debit
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  • An ACH debit is a payment processed by an outside vendor where the customer has authorized them to process a payment.
  • The customer would’ve provided the vendor with their account information such as account number and routing number.