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Safety of Ach Transactions

ach securityAre ACH Transfers Safe?

Keep in mind that to start an ACH debit exchange, you have to hand over your record number and your bank’s steering number, which can be utilized to pull back cash from your record. NACHA, the not-revenue driven affiliation that deals with the ACH system, encourages buyers to regard these numbers as “delicate data” and to “defend them simply like a Social Security Number.” This is not an issue with ACH credits, since when you send cash from your record, you don’t have to give your record number to anybody.
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