ACH

ACH payment is a paperless format. For ACH payments, you send all applicable payments in one file to your financial institution. If the financial institution is a member of a Clearing House, then the clearing House sends the payments to the supplier's bank for payment.

Often when you’re making a payment by phone or online, you will be asked for your checking account Routing number. It’s also referred to as an RTN, a routing transit number, an ABA routing number.

An ABA (or "routing") number is a code that identifies your bank. This code helps other banks transfer money to and from your account; it is similar to an address which tells everybody where to find your account. ABA numbers are also known as routing transit numbers (RTNs). “ABA” is used because the American Bankers Association (ABA) assigns the numbers to banks. In Visual Manufacturing this number is stored in the IBAN field.