ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire
Stax
SEPTEMBER 17, 2024
This is no surprise since electronic payments are more efficient, cheaper, and straightforward. And on that note, two of the most common modes of electronic funds transfer are ACH and wire transfers. TL;DR ACH is cost-effective and ideal for recurring payments, with transfer times ranging from 1-3 business days.
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