Automated Clearing House (ACH)

GPTKB entity

Predicate	Object
gptkbp:instanceOf	electronic funds-transfer system
gptkbp:abbreviation	gptkb:ACH
gptkbp:administeredBy	gptkb:Federal_Reserve gptkb:NACHA
gptkbp:clearingType	net settlement
gptkbp:containsSettlement	next business day same-day
gptkbp:currency	gptkb:USD
gptkbp:fareControl	low
gptkbp:features	regulated encrypted
gptkbp:founded	1974
gptkbp:governedBy	gptkb:NACHA_Operating_Rules
gptkbp:headquarters	gptkb:United_States
https://www.w3.org/2000/01/rdf-schema#label	Automated Clearing House (ACH)
gptkbp:operatesIn	gptkb:United_States
gptkbp:participants	banks credit unions financial institutions
gptkbp:regulates	gptkb:Federal_Reserve gptkb:U.S._Department_of_the_Treasury gptkb:Office_of_the_Comptroller_of_the_Currency gptkb:NACHA_Operating_Rules
gptkbp:relatedTo	gptkb:Fedwire gptkb:SWIFT wire transfer check clearing RTP (Real-Time Payments)
gptkbp:roadType	batch processing
gptkbp:settlementPeriod	batch processing same-day ACH
gptkbp:supports	credit transfers debit transfers
gptkbp:usedFor	payroll direct deposit government benefits tax payments e-commerce payments vendor payments business-to-business payments person-to-person payments consumer bills
gptkbp:value2022	$76.7 trillion
gptkbp:volume2022	30 billion payments
gptkbp:bfsParent	gptkb:Payment_and_Settlement_System
gptkbp:bfsLayer	7