Section 1073 of The Dodd- Frank Wall Street Reform and Consumer Protection Act 2010 (“Dodd-Frank Act”) directs the Board of Governors of the Federal Reserve System (“Board”) to provide biennial reports to the Congress for 10 years covering: (i) the status of the automated clearinghouse (“ACH”) system as well as the Board’s progress in complying with the requirements of section 1073(b) of the Dodd-Frank Act, which directs the Board to work with the Federal Reserve Banks and the Department of the Treasury to expand the use of the ACH system and other payment mechanisms for remittance transfers to foreign countries; and (ii) an analysis of adoption rates of international ACH transfer rules and formats, the efficacy of increasing adoption rates, and potential recommendations to increase adoption. The report is intended to provide a baseline by giving a brief overview of remittance transfers and the methods available to transmit these payments, with a specific focus on the ACH network. The report discusses the ACH system and outlines the legal and regulatory framework and formats relevant for international ACH transfers. The report also explains in detail the Reserve Banks’ international ACH service and describes some of the lessons learned from establishing this service and potential recommendations.