CIW
1D0-525 · Question #104
Which party in an electronic funds transfer uses the Automated Clearing House (ACH) network to clear funds?
The correct answer is B. The Web merchant's bank. See the full explanation below for the reasoning.
Question
Which party in an electronic funds transfer uses the Automated Clearing House (ACH) network to clear funds?
Options
- AThe Web merchant
- BThe Web merchant's bank
- CThe Web customer's bank
- DThe Web customer
How the community answered
(33 responses)- A3% (1)
- B85% (28)
- C9% (3)
- D3% (1)
Community Discussion
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