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Automated Clearing House
(EG-ACH)
EG-ACH Direct Credit for Corporate
Copyright © 2012
CBE - Payment and Settlement Systems
 In its effort to develop payment systems in Egypt,

CBE has established Real Time Gross Settlement (RTGS) system for large
value payments,

CBE has assigned EBC with the development of the Automated Clearing
House (ACH) system for bulk payments.
Central Bank of Egypt
Banks
RTGS
CCH
EGP
ACH
123
Mobile
CCH
Banks
USD, EURO
EBC Role
CBE Role
Copyright © 2012 Egyptian Banks Company
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EG-ACH Introduction
 The Egyptian Automatic Clearing House (EG-ACH) is a nationwide
Electronic Funds Transfer (EFT) network.
 EG-ACH processes batches of interbank Credit and Debit transactions.
 EG-ACH facilitates a wide range of (B2B, B2C, C2C) payments such as
salary distribution, supplier payment, governmental payments, pension
distribution and many more.
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Copyright © 2012 Egyptian Banks Company
EG-ACH Characteristics
 Batch system
 Credit Transfers & direct debit to/from all banks
 High volume, Low value transactions
 Low Cost
 Non-Real time
 Ability to cancel/reject transactions
 Multi-lateral settlement
 Support for forward value dates
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Copyright © 2012 Egyptian Banks Company
EG-ACH Workflow
Originating Bank
Receiving Bank
Payers:
Corporations
 Corporate
Payees:
Individuals
RTGS
 Individual
 Corporate
 Individual
Funds Movement
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Copyright © 2012 Egyptian Banks Company
ACH Benefits for Corporate
 Cash management

Initiate all payments from one bank account

Business-to-Business payments (Supplier payments, Merchant payments)

Improves cash flow management
 Reduces processing cost (No paper work, less time)
 Easy recurring payments
 Reduce domestic transfers transaction cost
 Secure and cost effective mechanism to eliminate cash transfer risk
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Copyright © 2012 Egyptian Banks Company
EG-ACH Usage for Corporate
 Business to Business Payments
 Payment for customers (Same day/Forward value).
 Supplier Payments
 Payroll
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Copyright © 2012 Egyptian Banks Company
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Copyright © 2012 Egyptian Banks Company