ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire
Stax
SEPTEMBER 17, 2024
Choose ACH for routine, lower-cost transactions; use wire transfers for high-value or urgent payments. Automated Clearing House (House) is the transfer of funds between an electronic network (known as ACH network) made up of banks, credit unions, and other 10,000+ financial institutions. What is a Wire Transfer?
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