a city in Australia, in northeast Queensland. A port on Trinity Bay of the Coral Sea, Pacific Ocean. Population, 28,300 (1970). Sugar and bottled tropical juices are produced, and there is a wood-products industry. Cairns is a tourist attraction. Good turnovers of the port was 925,700 tons in 1967â68; sugar, raw-mineral materials, fruits, juices, and wood are exported. a port in NE Australia, in Queensland.
Automated Clearing House (ACH) is an electronic network for financial transactions in the United States. ACH processes large volumes of credit and debit transactions in batches.ACH credit transfers include direct deposit, payroll and vendor payments.CH is a computer-based clearing and settlement facility established to process the exchange of electronic transactions between participating depository institutions. Rules and regulations that govern the ACH network are established by NACHA and the Federal Reserve.
Automated Clearing House (ACH) payments are an electronic funds transfer from one bank account to another. ACH payments have been around for over forty years, and were developed with the intention of being faster, safer, and more efficient than the use of paper checks to transfer funds.istinguish ACH credit payments from ACH debit payments. There are actually two forms of ACH payment you can make. You may want to think of them as a âpushâ and a âpullâ payment method, respectively. 1  An ACH credit payment is the form most common to online bill paying through your bank.