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Washington Technology Solutions Enterprise Technology SolutionsAgency Financial Reporting System Payment Cancellations & ReturnsAutomated Instructions for Warrant Cancellations ACH (EFT) Returns SOL
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ACH EFT returns refers to Automated Clearing House Electronic Funds Transfer returns, which are used to process electronic payments and transfers.
Businesses or individuals who use the ACH network to transfer funds electronically are required to file ACH EFT returns.
ACH EFT returns can be filled out electronically through the ACH network or through a financial institution that supports ACH processing.
The purpose of ACH EFT returns is to facilitate electronic funds transfers in a secure and efficient manner.
ACH EFT returns must include information such as the sender's and receiver's account numbers, the amount of the transfer, and the reason for the payment.
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