What is ACH?
Automated Clearing House System
Launched:
October 2016
System Participants:
Banks
Key Services:
Low-value debit and credit money transfers
What is ACH?
The Automated Clearing House system (ACH) was launched in October 2016 as a safe payment system that aims to provide banks, with retail payment services that facilitate and accelerate the execution of numerous, yet, low-value debit and credit money transfers, enhancing the efficiency of the financial ecosystem in Jordan.