Business Day FedWire SWIFT 
Stax
APRIL 10, 2025
An ACH transfer is an electronic movement of funds from one bank account to another via the ACH (automated clearing house) network, while a wire transfer uses a secure network like SWIFT (Society for Worldwide Interbank Financial Telecommunication) or Fedwire (Federal Reserve Wire Network) to initiate the movement of funds.
Stax
SEPTEMBER 17, 2024
TL;DR ACH is cost-effective and ideal for recurring payments, with transfer times ranging from 1-3 business days. This entire process can take anywhere from a few hours to a couple of days to complete. However, the initiator can choose to pay extra fees for same-day processing.
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Nanonets
SEPTEMBER 8, 2023
The sender's bank transmits a message through a secure messaging service like SWIFT or Fedwire. NACHA for ACH and government-run rails like FedWire & Swift for Wire. It affects six major aspects: Speed - Wire transfers typically provide instant settlement, often occurring on the same business day.
Stax
JUNE 27, 2024
Additionally, ACH payments are processed in batches and take a few business days (though they’re usually cheaper), whereas wire transfers are processed individually and can be completed within the same day. These batches take up to a few days to get processed.
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