ACH Transfers are electronic payments made through the Automated Clearing House network. This system allows individuals and businesses to send and receive money directly from their bank accounts, making transactions like payroll, bill payments, and direct deposits efficient and secure. These transfers typically take one to two business days to process, depending on the banks involved. ACH Transfers are often preferred for their low cost and convenience, as they eliminate the need for paper checks and manual processing, streamlining financial transactions for both consumers and businesses.