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Breaking News

ACH Volume Grows 18 Percent in 2nd Quarter 2005

The Automated Clearing House Network grew by nearly 18 percent in the 2nd Quarter 2005 compared to a year ago, according to NACHA statistics. More than 2.63 billion transactions were conducted during the quarter, worth more than $5.9 trillion. These figures represent growth rates of 18.0% and 8.4%, respectively, over the same quarter of 2004. There were 1.44 billion debits and 1.19 billion credits in the 2nd Quarter, for a total of 2.632 billion. The statistics include commercial inter-bank and government transactions, but not “On-Us” transactions.

2nd Quarter 2005 ACH Network Transactions (does not include on-us volumes)

 

2nd Q 2005

 

1st Q 2005

% change

 

2nd Q 2004

% change

ARC

383,642,279

338,212,980

13.43%

208,819,904

83.72%

CCD Debits

115,133,630

108,791,034

5.83%

103,889,488

10.82%

CCD Credits

259,356,976

237,834,561

9.05%

230,458,089

12.54%

CCD +

39,927,307

37,902,958

5.34%

32,322,896

23.53%

CIE

30,315,969

27,128,260

11.75%

21,447,813

41.35%

CTX

8,641,302

8,126,935

6.33%

7,223,244

19.63%

CTX Addenda

136,626,698

129,418,273

5.57%

112,559,061

21.38%

POP

41,897,563

38,585,576

8.58%

41,738,747

0.38%

PPD Debits

583,330,433

567,038,391

2.87%

538,922,933

8.24%

PPD Credits

885,594,160

908,567,314

-2.53%

832,963,311

6.32%

RCK

4,965,749

4,681,560

6.07%

5,780,292

-14.09%

TEL

57,245,265

54,492,826

5.05%

45,698,467

25.27%

WEB

236,020,723

224,908,490

4.94%

170,482,346

38.44%

Total Network

2,631,646,194

2,541,648,583

3.54%

2,230,789,362

17.97%

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