HomeServicesBlogDictionariesContactSpanish Course
Home › Dictionary › English › automated clearing house
← Back to search

Meaning of automated clearing house | Babel Free

Noun CEFR C1

Definitions

A nationwide electronic funds transfer system that provides for interbank clearing of electronic payments, such as credit-card transactions. An ACH transaction is an electronic fund transfer through the Federal Reserve Bank from a checking or savings account.

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
See all C1 English words →

See also

automated driving system automated essay scoring automated machine learning automated manual transmission automated teller automated teller machine

Learn this word in context

See automated clearing house used in real conversations inside our free language course.

Start Free Course

Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free