DigitalLegend
Mon Jul 22 2024
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5 answers
1432
Is ACH US only?
I've been hearing about ACH payments in the crypto and finance world, but I'm curious if this system is exclusive to the United States. I understand that ACH stands for Automated Clearing House, and it's a network that facilitates electronic fund transfers in the US banking system. However, given the global nature of cryptocurrency and finance, I'm wondering if there's an equivalent system or alternative methods for handling similar transactions in other countries. Is ACH truly limited to the US, or are there comparable systems in other regions that offer similar functionality?
