Some of the most common ways to send or receive money electronically include ACH, EFT, and wire transfers.

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‍For businesses, ACH is the most cost-effective EFT option for handling payroll, vendor payments, and recurring billing. Unlike wire transfers, which settle instantly but come with high fees, ...

Question: In revising our EFT policy, we want to be sure we have sections for all the areas involving ACH transactions. Also, we want to begin the policy with the types of information that must be ...