An ACH Transfer is a method of electronically moving money between bank accounts in the United States. It stands for Automated Clearing House, which is a network that facilitates these transactions. ACH transfers are commonly used for direct deposits, bill payments, and other types of money transfers, making them a convenient option for both individuals and businesses. These transfers can be either one-time payments or recurring transactions, such as monthly subscriptions. They are generally secure and cost-effective, often with lower fees compared to traditional wire transfers. Overall, ACH transfers streamline the process of sending and receiving funds electronically.