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An ACH file is a fixed-width, ASCII file, with each line exactly 94 characters in length. Each line of characters is known as a record and is comprised of various fields that are at specific positions within that line. In a properly formatted file, records must follow a specific order.
This form is used for Automated Clearinghouse (ACH) payments with an addendum record that contains payment-related information processed through the Vendor Express Program. Recipients of these payments should bring this information to the attention of their financial institution when presenting this for completion.
An Automated Clearing House (ACH) authorization is a payment authorization that gives the lender permission to electronically take money from your bank, credit union, or prepaid card account when your payment is due.
Before a business can debit and charge money from its clients checking accounts using the Automatic Clearing House (ACH) Network, it needs to gain authorization to do so. To receive this authorization, your client has to fill out an ACH authorization form.
There are no rules on how you build your ACH form online or how it should look. As long as you have the necessary requirements, you can choose to make it on your own.
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People also ask

Yes, direct deposit is typically an ACH (Automated Clearing House) transaction. However, not all ACH transactions are direct deposits. While direct deposits are a common type of ACH transaction, the ACH network also facilitates other types of electronic payments, including ACH debits and credits.

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