Glossary term
NACH Mandate
An NACH mandate is a signed instruction authorising automated debits from a bank account, used for credit card bill payments.
Related terms
- NACH Bounce Fee
A fee for a failed NACH debit.
Glossary term
An NACH mandate is a signed instruction authorising automated debits from a bank account, used for credit card bill payments.
A fee for a failed NACH debit.
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