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.
ACH payments are electronic payments made through the Automated Clearing House Network. Funds move from one bank account to another with the help of an intermediary that routes funds to the final destination.