Automated Cclearing house (ACH) Operator

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FFIEC Examination HandbookDownload this dictionary
Automated Cclearing house (ACH) Operator
A central clearing facility that depository financial institutions use to transmit and receive ACH entries. ACH operators are typically a Federal Reserve Bank or a private-sector organization that operates on behalf of a depository financial institution (DFI).
  

Source: Federal Financial Institutions Examination Council (FFIEC),
FFIEC Information Technology Examination Handbook Glossary.

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