ACH transfer
Automated Clearing House: US domestic electronic bank-to-bank transfer system.
Definition
ACH (Automated Clearing House) is the US domestic electronic funds-transfer system. Used for direct deposits, recurring payments, and B2B transactions. Slower than wires (1-3 days) but much cheaper or free.
Context
Mercury, Relay, and Wise Business support ACH. ACH is the default rail for US domestic payments to and from Delaware LLCs.
Example
A Delaware LLC Stripe payouts to the LLC Mercury account are typically ACH transfers, free of charge and completing in 2 business days.
Common pitfalls
- ACH is domestic US only; international transfers use wires or services like Wise.
- ACH can be reversed within about 60 days; wires cannot.