The Electronic Payments Network (EPN) is an electronic
clearing house
Clearing house or Clearinghouse may refer to:
Banking and finance
* Clearing house (finance)
* Automated clearing house
* ACH Network, an electronic network for financial transactions in the U.S.
* Bankers' clearing house
* Cheque clearing
* Cl ...
that provides functions similar to those provided by Federal Reserve banks'
FedACH service. The Electronic Payments Network is the only private-sector operator in the
ACH Network
In the United States, the ACH Network is the national automated clearing house (ACH) for electronic funds transfers established in the 1960s and 1970s. It is a financial utility owned by US banks, and is one of the largest payments networks i ...
in the United States. The EPN is operated by
The Clearing House Payments Company.
Investopedia , Electronic Payments Network (EPN)
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See also
* ACH
* Clearing House Interbank Payments System (CHIPS)
* Fedwire
Fedwire (formerly known as the Federal Reserve Wire Network) is a real-time gross settlement funds transfer system operated by the United States Federal Reserve Banks that allows financial institutions to electronically transfer funds between its ...
* National Automated Clearing House
National Automated Clearing House, introduced by National Payments Corporation of India, is a centralised clearing service that aims at providing interbank high volume, low value transactions that are repetitive and periodic in nature. Offering c ...
* Universal Payment Identification Code (UPIC)
References
External links
*Official Website - https://www.theclearinghouse.org/payment-systems/ACH
Official website
Banking terms
Interbank networks
Financial services companies based in New York City
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