Wire Transfer vs ACH (Automated Clearing House) Transfer

Wire Transfer vs ACH (Automated Clearing House) Transfer

WIRE: These funds are sent and debited immediately, with a same-day service available when sent at least 3-5 hours prior to the issuing bank's closure.

ACH: These funds are electronically deposited in financial institutions, but due to the clearing of funds, monies may take anywhere between 2 and up to 7 business days to complete.

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