Domestic ACH vs Domestic Wire Transfer
Domestic ACH | Domestic Wire Transfer | |
---|---|---|
Time to Transfer | 1-2 business days | Same day if requested before 1:00PM |
Why should I choose it? | When a proof of payment is not required | When a proof of payment is required |
How much it costs | $5 to $15 | $15 |
Start Now | Start Now |
What is Required?
Below is the information needed for both a Domestic ACH and a Domestic Wire Transfer.
Beneficiary Bank:
- Bank name
- Bank 9-digit ABA routing number (located on the bottom of a check)
Beneficiary:
- Beneficiary first & last name
- Beneficiary account number
- Beneficiary account type (savings or checking)