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.
Post Time Is Up to Your Bank. When you receive an ACH deposit, it can be anything from paycheck funds to a tax refund to government benefits. ACH deposits are often generated from a business or government agency and processed quickly.