Question: The primary reasons for developing the Automated Clearing House system include the following EXCEPT: As an electronic alternative to checks As a low volume,

The primary reasons for developing the Automated Clearing House system include the following EXCEPT: As an

The primary reasons for developing the Automated Clearing House system include the following EXCEPT: As an electronic alternative to checks As a low volume, high value payment processing system Capable of transferring as much or more information about a payment than can be transmitted via most paper-based systems Provide for clearing and settlement of debits and credits among financial institutions

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