IRS refund: Direct deposit or ACH?

I was wondering if the IRS sends the refund check like a direct deposit or an ACH transfer. I believe there is a difference. For example, my paycheck is directly deposited on the same business day but a payment I make may take a couple of business days.

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  • Anonymous
    1 decade ago
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    irs deposits the refunds on thursdays nights in your bank and most banks will have it in your account by at least noon on friday

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  • 1 decade ago

    ACH and Direct Deposit are two names for the same process.

    ACH stands for Automated Clearing House and is the industry term. Direct Deposit was coined for the general public as it is more descriptive of what's going on.

    Source(s): I work in the banking industry.
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  • 1 decade ago

    they use an ACH transfer, similar to Direct Deposit.

    The bill pay feature ur referring to is delayed, typically because ur making an outgoing payment, and the bank wants to make sure ur funds remain available until the transaction is complete.

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