ACH Volume Increases 5.9 Percent in 4th Quarter 2012
The Automated Clearing House Network grew by 5.9 percent in the 4th Quarter of 2012 compared to a year ago, according to NACHA statistics. Approximately 4.29 billion transactions moving approximately $9.6 trillion were conducted during the quarter. These figures represent changes of 5.9 percent and 10.0 percent, respectively, compared to the same quarter of 2011. There were 2.52 billion debits and 1.77 billion credits, for a total of 4.29 billion.