- ACH payments are fund transfers sent directly from one bank to another via an electronic network (Automated Clearing House).
- This method of payment is currently restricted to verified accounts and recipients within the United States. You cannot send an ACH payment to recipients in Canada.
- These payments cannot be canceled once they're processed.
- We can expedite ACH payments for verified accounts as well.
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ACH Transfer
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Expedited ACH
|
|
|---|---|---|
| Delivery Timeframe? | Delivered in 3 business days. | Delivered within 2 business days |
| Fee? | 2.85% | 3.35% + $15 |
| Issued by? | Silicon Valley Bank | Silicon Valley Bank |
| Tracking? |
No tracking for these payments in-app. If your payment isn't credited within three business days of delivery |
No tracking for these payments in-app. If your payment isn't credited within three business days of delivery |
Required Information
To send an ACH transfer, we'll need...- An address for the recipient.
- ACH Routing Number
- Bank Account Number
- The recipient's contact information: their email address and phone number