What does OCRF mean? is explained earlier. You might also like some similar terms related to OCRF to know more about it.
An Automated Clearing House (ACH) deposit is an electronic transfer of funds using the Automated Clearing House. The Automated Clearing House is a secure network in the United States through which banks and other financial institutions can transmit electronic transactions. An ACH deposit means that funds are electronically deposited into an account.
Direct Deposit is the electronic transfer of your Unemployment Insurance (UI) payment into your checking or savings account at your bank, credit union or savings and loan through a system called the Automated Clearing House (ACH) network.