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 Terms and Definitions Terms and Definitions. ACH - Automated Clearing House An organization formed by financial institutions using a computer-based facility to settle automatic payment and deposit transactions among financial institutions in a given geographic area. ACH Debit Term used to describe a pre-authorized withdrawal, which will be deducted from an account as an EFT transaction. ACH Rule The required rules and regulations that each financial institution must follow that govern the ACH network. These rules are set by NACHA. ACH Stop Payment