kelly123 asked in Business & FinanceCredit · 1 decade ago

What does this bank statement mean? ACH FROM WTS?

It says ACH FROM WTS then an 800 number and 30 dollars was taken from my bank account and now i'm in the negatives (i'm a poor college student)

What does that fee mean?!

6 Answers

  • 1 decade ago
    Favorite Answer

    An ACH (automated clearing house) automatically drafts money out of your account. It looks like WTS was the company that did it, so you should call that number and ask why they drafted your account. good luck!

    Source(s): i work at a credit union.
  • Debdeb
    Lv 7
    1 decade ago

    ACH stands for Automated Clearinghouse and WTS probably means Web Transaction Services. You probably authorized payment from your account for something and forgot what it was. You could call the number and see who answers.

  • 1 decade ago

    An ACH is an automatic debit.

    WTS is the company that took money.

    Call the 800 # and find out who this company is

    Sounds like you signed up for a subsription of some sort.

  • Anonymous
    1 decade ago

    It's an electronic debit (ACH means "automated clearing house). No idea who/what "WTS" is.

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  • 6 years ago

    What is the number you call

  • 1 decade ago

    ach is when a company you authorized drafts your account when you owe them

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