One of the major cost savings for consumers using automated clearing houses is
A) saving more than $1 billion in postage.
B) saving time paying bills through check writing.
C) security of having the payments and deposits directly deposited or deducted from your account.
D) All of these are true.

Question

Quizplus · Accepted Answer

All of these options are true benefits of using automated clearing houses. Consumers can save money on postage, save time by not having to write checks, and have increased security with direct deposits and deductions from their accounts. Therefore, choice D is the best answer.

One of the Major Cost Savings for Consumers Using Automated