Cryptocurrency Q&A
How do I send money to someone using ACH?
How do I send money to someone using ACH?
BusanBeautyBloomingStarShine
Mon Jul 22 2024
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8 answers
1671
As a cryptocurrency and finance professional, I often encounter inquiries regarding traditional payment methods like ACH. So, for those wondering, "How do I send money to someone using ACH?" here's a brief explanation. ACH, or Automated Clearing House, is a network that enables financial institutions to process electronic payments efficiently. To send money via ACH, you typically need to provide your bank with the recipient's routing number, account number, and the amount to be transferred. Additionally, you may be required to complete an online form or submit a request in person at your bank. Once the transaction is initiated, it typically takes a few business days for the funds to reach the recipient's account. It's important to ensure that the recipient's information is accurate to avoid delays or errors.
8 answers
Chiara
Wed Jul 24 2024
Upon entering the account, navigate to the top of the page and locate the option labeled "Transfers & Pay."
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Lorenzo
Wed Jul 24 2024
Once the recipient's information is entered, click on "Continue" to proceed to the next step.
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HallyuHeroine
Wed Jul 24 2024
From the "Transfers & Pay" section, select the sub-option titled "External transfers, wires, & ACH."
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KimonoSerenity
Wed Jul 24 2024
Within this section, you will see various transfer options; choose "Send payment" to proceed.
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Lucia
Wed Jul 24 2024
To initiate a small business ACH payment, log into your online banking account.
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