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Old 11-26-2008, 04:53 AM
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Default EFT & ACH are they same thing??

I would like to know if ACH (automated clearing house) and EFT ( electronic fund transfer) are the same thing? If so, then why have them both out there? Why not just one. I've googled it, and cant seem to find the "Right" answer. One says they are the same. One says they are not. Anyone know for sure?? As far as the definition, well, ACH-account can be debited electronically....And EFT- means the same. So are they?
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