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.
Best Answer: ACH, Automated Clearing House, refers to the government's system that supports electronic transfers. EFT, Electronic Funds Transfer, refers to the process in which funds are sent through this clearinghouse system.hat does ACH means in referring to bank terms? I just was wondering what ACH stands for when financial institutions use it? I know when I log on to my online banking I see the letters ACH.