Definition of Automated Clearinghouse in US English:
Automated Clearinghouse
nounˌôdəˌmādid ˈkliriNGˌhousˌôdəˌmādid ˈkliriNGˌhous
The electronic clearing and settlement system used for financial transactions by US commercial banks and other institutions.
Example sentencesExamples
- The key to successful E-Sharing is the Automated Clearinghouse form, banking information.
- These transactions are final within 24 hours and are covered only by the underlying rules and regulations of the National Automated Clearinghouse Association.
- To change account information, simply complete an Automated Clearinghouse Application.
- All processors transmit using the central Automated Clearinghouse, so you know your funds are secure.
- Customs Automated Clearinghouse is an electronic payment option that allows participants to pay Customs fees, duties, and taxes electronically.
Definition of Automated Clearinghouse in US English:
Automated Clearinghouse
nounˌôdəˌmādid ˈkliriNGˌhous
The electronic clearing and settlement system used for financial transactions by US commercial banks and other institutions.
Example sentencesExamples
- All processors transmit using the central Automated Clearinghouse, so you know your funds are secure.
- The key to successful E-Sharing is the Automated Clearinghouse form, banking information.
- Customs Automated Clearinghouse is an electronic payment option that allows participants to pay Customs fees, duties, and taxes electronically.
- These transactions are final within 24 hours and are covered only by the underlying rules and regulations of the National Automated Clearinghouse Association.
- To change account information, simply complete an Automated Clearinghouse Application.