Automated Clearing House
2018 Bank of Sierra Leone. All rights reserved
Also of Interest...
This platform is for the processing of low value, high volume transactions involving cheques, Direct Credits and Direct Debits. The ACH system in Sierra Leone became fully operational in 2013.
The introduction of the ACH has provided more controls over the clearing and settlement system and has greatly reduced the clearing cycle from (T+ 9) to (T + 1) thereby making the system more efficient (processing transactions at least cost and at a faster rate).