Home / Expert Opinion / Fraud Facts / Fraud Facts: Protecting yourself from ACH and wire transfer fraud

Fraud Facts: Protecting yourself from ACH and wire transfer fraud

According to the 2011 Report to Congress on the Use of the Automated Clearinghouse System for Remittance Transfers to Foreign Countries, ACH transfers increased nearly 11 percent per year from 2000 to 2010. In 2012 alone, there were approximately 31 billion ACH transactions completed, moving approximately $37 trillion. There appeared to be fewer wire transfers, ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*