Cryptocurrency Q&A How do I send money to someone using ACH?

How do I send money to someone using ACH?

BusanBeautyBloomingStarShine BusanBeautyBloomingStarShine Mon Jul 22 2024 | 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. How do I send money to someone using ACH?

0 answers

| Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts