There's a ton of misinformation in this thread - this is not at all what ACH is. ACH is specifically how banks move money between accounts. It's not at all anal

There's a ton of misinformation in this thread - this is not at all what ACH is. ACH is specifically how banks move money between accounts. It's not at all analogous to wire transfers or more generally payments. ACH being public information is a bit like nameservers being public.