A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- Direct DepositAn electronic payment, such as a paycheck or benefit, sent straight into your bank account instead of arriving as a paper check.
- Wire TransferA fast, direct electronic transfer of funds between banks, often used for large or urgent payments and usually carrying a fee.
- Routing NumberA nine-digit code that identifies your bank so payments and transfers reach the right institution within the United States.
- Account NumberThe unique string of digits that identifies your specific account at a bank, paired with the routing number to direct transactions.
- Bill PayA banking feature that sends payments to your billers automatically or on demand, either electronically or by mailed check.
- Checking AccountA bank account built for everyday spending, letting you deposit money and pay for things with a debit card, checks, or transfers.
Turn this into a brick
Knowing what ACH Transfer means is knowledge — the first half. A brick gets placed when you act on it.
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Account ReconciliationAPR (Annual Percentage Rate)APY (Annual Percentage Yield)ATM (Automated Teller Machine)ATM FeeAuthorized User
Plain-English education — not personalized legal, tax, or investment advice.