Coverage
ACH
US-based electronic payment system for batch-processing low-cost USD transfers. Commonly used for payroll, vendor payments, and direct deposits.
Local transfer
About ACH transfer
ACH (Automated Clearing House) is a U.S.-based network for processing low-cost, batch transfers. It’s ideal for payroll, bill payments, and recurring deposits, typically settling in 1–2 business days.
How it works
Batch processing: Payments are grouped and processed together at intervals.
Low cost: More affordable than wire transfers.
Domestic use: Available only within the U.S. for USD transactions.
Example:
When a company pays salaries to employees in different states, the payroll is sent through ACH, reaching recipients' bank accounts within one to two business days.