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Banking. An automated clearing house ( ACH) is a computer-based electronic network for processing transactions, [1] usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits. [2] [3] The ACH system is designed to process batches of payments containing numerous ...
The IRS will automatically deposit the amount of your credit into the same bank account they deposited your tax return. If you are unsure if you are eligible for such payments, you can log into ...
Safe deposit box; Segregated account; Seller's points; Serviceability (banking) Shaba Number; Sharia and securities trading; Shell bank; Single-tier banking system; Soft count; Soft probe; Sort code; Xpeak; Stale-dated check; STAR (interbank network) Stated income loan; Stock statement; Stop payment; Structural moving average model; Structuring ...
Chargeback. A chargeback is a return of money to a payer of a transaction, especially a credit card transaction. Most commonly the payer is a consumer. The chargeback reverses a money transfer from the consumer's bank account, line of credit, or credit card. The chargeback is ordered by the bank that issued the consumer's payment card.
SoFi is a personal finance company and online bank with products that include checking and savings accounts. Like Axos Bank, SoFi allows its customers to deposit cash at retail locations that ...
Authorization hold (also card authorization, preauthorization, or preauth) is a service offered by credit and debit card providers whereby the provider puts a hold of the amount approved by the cardholder, reducing the balance of available funds until the merchant clears the transaction (also called settlement), after the transaction is completed or aborted, or because the hold expires.
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