Authorization (ACH)

nouncandidate·updated May 9, 2026

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A written or oral agreement between the originator and a receiver that allows payments processed through the ACH network to be deposited in, or withdrawn from, the receiver's account at a financial institution.

Framework senses

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Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →

§1: A written or oral agreement between the originator and a receiver that allows payments processed through the ACH network to be deposited in, or withdrawn from, the receiver's account at a financial institution.