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.
âCredit: Richard Droker. Presently, 10 percent of land area on Earth is covered with glacial ice, including glaciers, ice caps, and the ice sheets of Greenland and Antarctica. Glacierized areas cover over 15 million square kilometers (5.8 million square miles). Glaciers store about 75 percent of the world's fresh water.