Edited and reposted on October 21, 2024 National Automated Clearing House (NACH) is a form of Electronic Clearing Service (ECS) that is available with core-banking-enabled bank branches in India. NACH has primarily two variants viz. ECS Credit and ECS Debit. The facility is used by the bank customers for automatic debit to their account every … Continue reading  Automated Clearing Systems: National Automated Clearing House(NACH)