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Developed in the 1970’s, the ACH Network supports electronic payment systems, distribution and reconciliation of financial transactions among institutions, as well as the convenience of paperless checks. Each year, billions of dollars are transmitted through the Automated Clearing House (ACH) Network.
Since 1976, the Alabama Automated Clearing House Association (ALACHA) has been Alabama’s key connection to the ACH Network. A regional payment association of the National ACH Association (NACHA), ALACHA serves over 200 banks, savings and loans, credit unions, e-commerce, and affiliate companies within the state.