Automatic ACH Receipt Batch Creation Process

This document describes ‘How to use Automatic ACH Receipt Batch Creation Process’ functionality as provided in Oracle Cloud application. To use Automatic ACH Receipt Batch Process there should be a pre-existing agreement between you and your customer to process payments via ACH for Automatic receipts. The commonly used format for Transmission to Bank is NACHA. Through NACHA Format, Bank gets the necessary data points and transfers the funds from customer’s bank account to your bank account as a part of the remittance process.

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