US Federal Reserve banks handle most ACH transactions. An ACH is an electronic transfer of money from one's bank account to pay a business. ACH payments are frequently used by employers to deposit all employees' pay directly into their checking accounts.
About 71 percent of the Earth's surface is water-covered, and the oceans hold about 96.5 percent of all Earth's water. Water also exists in the air as water vapor, in rivers and lakes, in icecaps and glaciers, in the ground as soil moisture and in aquifers, and even in you and your dog.
Early Earth âwas covered in waterâ. Earth was once a âwaterworldâ much like the one depicted by Hollywood, scientists believe. A new model of the early Earth suggests that until around 2.5 billion years ago oceans covered almost the whole of the planet. Just 2% to 3% of the Earthâs surface would have been dry land, compared with 28% today.