If Reid authorized his bank to make recurring monthly mortgage payments with funds taken from his bank account, the process is called ACH transaction.

Name: If Reid authorized his bank to make recurring monthly mortgage payments with funds taken from his bank account, the process is called ACH transaction.
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ACH (Automated Clearing House) transactions involve the electronic transfer of funds between banks, commonly used for recurring payments like mortgage payments.

If Reid Authorized His Bank to Make Recurring Monthly Mortgage