ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire
Stax
SEPTEMBER 17, 2024
In this post, we’re going to review ACH and wire transfers, look at their similarities, and then see how they compare against each other. TL;DR ACH is cost-effective and ideal for recurring payments, with transfer times ranging from 1-3 business days. The bank will charge you a transaction fee of about $35.
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