Valerie works for SWAK Industries. Each week instead of a receiving a hard copy of a check, her pay is deposited directly into her savings account at Moon Bank. This process is called

Question

Quizplus · Accepted Answer

Direct deposit of a paycheck into a savings account is an example of an Automated Clearing House (ACH) transaction. ACH is a network used for electronically moving money between bank accounts across the United States.

Valerie Works for SWAK Industries