ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire
Stax
SEPTEMBER 17, 2024
TL;DR ACH is cost-effective and ideal for recurring payments, with transfer times ranging from 1-3 business days. Wire transfers are faster but more expensive, suitable for large, one-time, and international transactions. Choose ACH for routine, lower-cost transactions; use wire transfers for high-value or urgent payments.
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