What is an ACH Transfer?

An ACH (Automated Clearing House) transfer is an electronic transaction that moves money between financial institutions.

Related Items

• What is an adjustable rate mortgage?
• Why do I have to do trial deposits on my existing Third Federal account in order to fund my new account?
• How can I verify my trial deposits?
• Can I remove a person from my mortgage?
• Who should I contact if I have questions about Mobile Banking?
• If I already have a home equity account, can I apply for a home equity account at Third Federal prior to closing the original account?
• Does Third Federal charge any prepayment penalties?
• Do you offer trust accounts?
• Does Third Federal offer bridge loans?
• I have an ACH already set up that pays extra towards the principal. I went online and made a principal only payment. Will that ACH still occur?