English to Arabic Bus/Financial Finance (general)

ACH Entry means an ACH transaction resulting in either (a) the forwarding of funds to a designated third-party account, (each, an “ACH Credit Entry”) or (b) a debit to a third-party account (each, an “ACH Debit Entry”) made through the ACH Network. For clarity, if You originate an ACH Credit Entry, it results in a corresponding debit to Your Account; if You receive an ACH Credit Entry, it results in a corresponding credit to Your Account. If You originate an ACH Debit Entry, it results in a corresponding credit to Your Account; if You receive an ACH Debit Entry, it results in a corresponding debit to Your Account.


ACH: Automated Clearing House