4th Quarter 2003 ACH statistics

Below are two summaries of ACH volume statistics for the 4th quarter 2003. These summaries do not include estimates of on-us transactions. ACH Network volume was 2,012,809,947, up 14.1% over the 4th quarter 2002, and for the first time volume has exceeded 2 billion items in a quarter. ARC volume was up 69% over the 3rd quarter, to 73,891,651.