Why Transfer Funds via ACH?

ACH vs. Wire Transfers: Which Is Better for Your Business?

When your business needs to move money quickly, two common options are ACH transfers and wire transfers. Both are secure and reliable, but they differ in speed, cost, and how the funds are processed. Understanding when to use each can help you save money and keep cash flowing smoothly.

ACH is fast, secure, widely accepted, and cost-effective for same-day or next-day funding.

When should I use a wire instead?

Q: When should I use a wire instead?
A: When you require immediate availability or higher limits that exceed ACH windows.

Wires are not guaranteed for same-day availability. They’re processed and disbursed by a third party the Federal Reserve Bank. Tracking funds through a third-party system can be difficult and time-consuming, which may extend the time your company is without cash.

Wires are also more expensive. Banks typically charge fees to initiate and receive wires, and these costs can increase with overall bank fees. In addition, wires usually post after 3:30 p.m., meaning you may pay higher fees for only a small amount of additional access time.

Why use ACH to transfer funds?

Q: Why use ACH to transfer funds?
A: ACH transfers are typically faster, simpler, and more affordable..

Banks charge lower fees for ACH transfers, and Scale Funding offers additional opportunities to save when you choose ACH payments. Because ACH transactions move directly between banks, no third party is involved, minimizing delays and giving Scale Funding more flexibility to resolve issues quickly if they arise.

Finally, ACH funds are available at bank open on the next business day, giving you faster access to your money and better control over your working capital.