If you have to make an international transfer or within the U.S, we offer many options to choose from. Each option has its own advantages and therefore, we recommend you take the quiz we have developed to help you make a choice based on why you are making the transfer, and the amount and country you are sending the funds:
ACH (ACH Automated Clearing House) vs. Wire
| ACH (ACH Automated Clearing House) | Wire |
|---|---|
| For transfers to a personal account (i.e. relatives, contractors) For payments to a business account (when the business doesn’t require a wire transfer as the mandatory method) | For critical and time-sensitive payments (i.e. college tuition, purchases) For transfers that require a proof of payment or a message to the Beneficiary Bank |
| Maximum Amount: $10,000 per day | Minimum Amount: $50 |