Wow, guys, relax. The text is not copyrighted, and it can be found on many public websites, including the official ACH admin institution (NACHA).
"The ACH Network is a highly reliable and efficient nationwide batch-oriented electronic funds..." is from http://www.nacha.org/About/what_is_ach_.htm
"The ACH Network serves 20,000 financial institutions, 3.5 million" is a text NACHA is giving away to anyone. I'm working with them on a daily basis as part of my job, so I pretty much KNOW. But anyhow, you can find it all over the web: http://www.transactnet.com/ACHBenefits.htm and http://www.nationalach.com/what-is-ach.cfm and many others:
INCLUDING NACHA'S WEBSITE:
http://www.nacha.org/news/news/pressreleases/2000/PR071100/pr071100.htm
A press release can be quoted anywhere, it's a law. --Aviv
That organization does not copyright their content, except for what they charge money for. Not only that, on http://www.nacha.org/About/what_is_ach_.htm there is no copyright statement.
The paragraph that starts with "The number of ACH payments originated by financial institutions increased to 8.05 billion in" also appears in a press release: http://www.nacha.org/news/news/pressreleases/2003/PR042803/pr042803.htm
And all other content (the definition I've included - Originator, Receiver, etc.) can be found on other websites, such as PUBLIC FAQS http://www.gsb.com/business/OB/obFaq.html and a definitions list at http://www.interceptcorporation.com/definition.shtml and http://www.tmsimage.com/products/ARC_glossary.html (which, by the way, copied the page exactly as it is).
So guys, it is public domain.
Aviv
Original has been removed and replaced by a rewritten version. Angela 18:20, Oct 30, 2003 (UTC)
On the page it states "..(ACH) is a nationwide..." - which nation? They do not operate in the UK..! — Preceding unsigned comment added by StuartCarter (talk • contribs)
This article only describes the ACH in the United States. Many countries in the world have an ACH or ACH system that functions differently from that of the US. The article should be restructured with a genenric decription of what an ACH is and does, then have subsections on business, governance, and processing models etc., before then describing the US ACH (and prefferably others too) as one example. --LippyTheLip 12:57, 26 July 2006 (UTC)[reply]
== Agreed, ACH is not only a US term... There is something called PE-ACH, pan-European ACH.
I don't understand the issue with the 60 and 90 day overlap. --211.171.132.50 22:10, 3 May 2007 (UTC)[reply]