ACH stands for Automated Clearing House. In the United States, the ACH Network is a highly reliable and efficient nationwide electronic funds transfer system used for inter-bank clearances of electronic payments. National Automated Clearing House Association (NACHA) governs this system. It's a great way to transfer money because the amount is directly debited from your account after you book a transaction. Clearly, that saves you time and effort.

Apart from the reliability and stability of a nationwide system, ACH transfer gives you many other advantages: You can schedule your regular payments like loan EMIs and insurance premiums, you can send money from not just one but many US bank accounts and it's totally online. There's no need to visit your bank at all. A one-time verification of your bank account makes sure that your details are safe and secure.

ACH operates only in the US; so you can send money only in USD

You need to provide us with the following details: Your name as it appears on your bank statement, your Social Security Number, your U.S bank account name and number, type of bank account you have and U.S bank's 9-digit ABA Routing Number.

It's very easy to add your bank account information on Remit2India. To do that: 1.Sign-up with Remit2India 2. Provide us with the bank account details 3. We will then verify and activate your account and notify you about it via email. Or, you can find out about it from our Status Tracker 4. Once your account is activated, you can start sending money. Note: Book your transaction by 1800 GMT so that we can process it faster.

We verify your account just to be sure that it is you who have added the account. We do this through a simple and a one-time process. 1. We credit and then debit a very nominal and random amount in cents to and from your bank account. The amounts are the same so the net impact on your bank account is zero 2. We then let you know about this transaction by email 3.When you receive the email, you need to refer to your bank statement for the exact amount that has been credited and debited 4.When you log in to Remit2India, your transaction status will show, 'Click to Verify' 5.Now enter the exact amount in the space provided 6.If the details match the actual transaction you see in your bank statement, your account is activated and you can start sending money

The exchange rate applicable to your transaction is indicative rate. This means that the rate may vary as per the market conditions. Your receiver may get a slightly different amount than the booked amount as the exchange rate applied will be the rate at the time of conversion to Indian Rupees.Click here to know today's exchange rate.

You can either use your checking or saving account with any US Bank affiliated with the ACH network.

The ABA or American Bankers Association number or Routing number is also called a Routing Transit number. It is an identification number assigned to each financial institution and each branch office of that financial institution. The ABA/Routing number is required to transfer money.