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automated clearing house transactions are very similar to normal bank t…

Question

automated clearing house transactions are very similar to normal bank transactions. true false

Explanation:

Brief Explanations

Automated Clearing House (ACH) transactions are electronic fund - transfers between banks. While they involve movement of money like normal bank transactions, they have distinct features such as batch - processing and different settlement times. So they are not exactly the same as normal bank transactions.

Answer:

False