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Wire Transfers vs. ACH Transfers: what’s the difference? Explained. #wiretransfer #ach




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Information Wire Transfers vs. ACH Transfers: what’s the difference? Explained. #wiretransfer #ach


Title :  Wire Transfers vs. ACH Transfers: what’s the difference? Explained. #wiretransfer #ach
Lasting :   0.33
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Frames Wire Transfers vs. ACH Transfers: what’s the difference? Explained. #wiretransfer #ach





Description Wire Transfers vs. ACH Transfers: what’s the difference? Explained. #wiretransfer #ach



Comments Wire Transfers vs. ACH Transfers: what’s the difference? Explained. #wiretransfer #ach



Stanley
A lot of people failed at what you accomplished, simply because they were busy finding problems while you were busy finding solutions bGrindTechiei/b Every time you do a good job it reflects on how honest and kind you’re,, I won’t forget easily this recovery you did for me^,
Comment from : Stanley


dc
Fake ass sean😂
Comment from : dc


Azman Guna
America want to transfer money to Malaysia,we need to pay for transfer
Comment from : Azman Guna


Karthik Shinde
India has developed UPI and is way faster and free ❤
Comment from : Karthik Shinde


Tyler Caswell
Thank you
Comment from : Tyler Caswell


Sweitzer Samuel4
How does a Dixie roberts wire transfer work?
Comment from : Sweitzer Samuel4


Nicole May
At the end of the day, both systems are really the same One is just arbitrailly slow in this day of technology and globalization, and the other exists to charge people large fees that seem small compared to the amount of funds sentbrbrFuck capitalism Make every transaction instant There is zero reason not to
Comment from : Nicole May


King C
another few days ahahaha
Comment from : King C


Foreign Chopper
Time is money so always choose wire
Comment from : Foreign Chopper


a
Cbdc will fix this
Comment from : a


AdventuresOfaNoobGuy
Finally a relevant information about rsu sale, every other video keeps explaining what is rsu blah blah , like we are kids who got rsu in primary school Thanks 👍
Comment from : AdventuresOfaNoobGuy


ThaOneBigAndSmallOne
Crypto …
Comment from : ThaOneBigAndSmallOne


Nitro at
in EU you can send the money in 10 minutes with no fees
Comment from : Nitro at


That1Guy YouKnow
Or you send XRP, it's there in 6 seconds, and costs you $00002 cents Kinda exemplifies why banks are dragging their feet and fighting crypto regulations hard with their lobbying
Comment from : That1Guy YouKnow


Andy McAdam
Seriously, is there anything at all in the US that's better than Europe? We do bank transfers in the UK for free and it takes a few minutes
Comment from : Andy McAdam


Jay Styles
If you have that much money in your account it's free
Comment from : Jay Styles


Parv Prasher
In India you could transfer money through upi to someone's bank account instantly for free and that through your smartphone
Comment from : Parv Prasher


Bitcoin Renegade
I could send money to my grandma for $0009 with ICP Crypto It's immediate and almost free
Comment from : Bitcoin Renegade


Max McCann
I wish I had £10,000 to send to my grandma, yet again, it probably wouldn't be much use in a graveyard
Comment from : Max McCann


Carrina
Not all banks offer outgoing ACH for consumers Specifically, Chase, Bank of America, and Wells Fargo do not offer outgoing ACH as a transfer option for consumers It is an option for their small business customers But for many Americans, this advice isn’t applicable
Comment from : Carrina


Agent Hawk Eyez
Or you could set both parties up with XRP wallets on uphold, convert and send the money which is received in minutes and may cost less than $10 in fees (considering the amount) She receives the money and can withdraw the money in minutes Whole transaction happens in minutes instead of days
Comment from : Agent Hawk Eyez


Brady greene
You can also use a cashier’s cheque
Comment from : Brady greene


S S
Send it via btc noob
Comment from : S S


Panicnow2207
send grandma $9,999 since 10K or higher will be reported to the Feds
Comment from : Panicnow2207


Jack Lussier
Aren’t you only supposed to send 999999 so it’s not reportable?
Comment from : Jack Lussier


Roberto Acosta
40 dollars and you sending 10k I’m sure she would be fine with 9,960
Comment from : Roberto Acosta


x-JMP
Cashier Checks are cheaper
Comment from : x-JMP


Bcftr
$40 to send 10k? Not that steep
Comment from : Bcftr


Tobias
Is this 2023? Sounds like 1923
Comment from : Tobias


ForcedExile
At least until FedNow gets up and running
Comment from : ForcedExile


Grizzly Gamer
Meanwhile, in Europe we just log into our banking app, enter the account details and click send Instant transfer, zero fee 😂🤣😂
Comment from : Grizzly Gamer


Eric Lipa
Fidelity $5
Comment from : Eric Lipa


Chevy boy For life
Your about to send 10k but your crying about 40 bucks wow
Comment from : Chevy boy For life


Headshake Fishing
Write a check and cash it into her account…
Comment from : Headshake Fishing


Donovan CHILVERS
So p2p bank transfer aren't a thing?
Comment from : Donovan CHILVERS


Sebastian Chavez
Wire transfers are only real time if it's during the operating hours :) RTP is the only true 24/7 real time network and it's a fraction of the cost of a wire
Comment from : Sebastian Chavez


Rebel Copilot
Set up a savings account with American Express They allow you to do Express transfers that process same-day, for free*brbr*free assuming the receiving bank doesn't charge a feebrbrThe interest rate is pretty solid too because it's a HYSA
Comment from : Rebel Copilot


Harry
Me in the UK transferring whatever I like with 0 fees
Comment from : Harry


Ideas And Inventions
Well which backward country is this in my country we just send money using our phone in seconds no need for banks bonus it is from 1 bank account to another bank account
Comment from : Ideas And Inventions


david riordan
And that’s why you use zelle
Comment from : david riordan


Marc Solo | The Mindset Alchemist
Great video
Comment from : Marc Solo | The Mindset Alchemist


Paul
Meanwhile in Germany Realtime Transfers are almost always free
Comment from : Paul


WhiskeyS
Seeing a lot of posts on here wondering why it takes so long and why there is a fee I will break it down as a former bank employee In the US, we have someone within every single bank that looks at outgoing wire transfers and if it seems suspicious, the bank contacts the customer to ensure that it is legit I see a lot of comments about India and Denmark for instant transfers You are most likely referring to an internal bank transfer and not a bank wire This is very different as internal bank transfers have very, very low risk and instant External wires have high risk as once the bank authorizes the transfer, you cannot get the money back without pursing legal action and this is pointless if it is sent to a scammer as you will likely have no information on them
Comment from : WhiskeyS


chad Smith
Is ACH and Alchemy pay related?
Comment from : chad Smith


illya7
Honestly the banks in the US are in the stone age compared to Europe
Comment from : illya7


Under The Sun
What’s $40 compared to $10,000? Woopty Doooo
Comment from : Under The Sun


Sum guy Onabike
Free and instant in uk and has been for ages 😂 America sucks
Comment from : Sum guy Onabike


Nathan
So crazy that a wire transfer can be 40$, its free in europe, i havent seen a single cheque in my life 😅
Comment from : Nathan


EdgyShooter
Confusion in not having to pay for bank transfers in the UK
Comment from : EdgyShooter


Aditya Mehta
Get your grandma a bitcoin wallet
Comment from : Aditya Mehta


One Punch Man
Lmao noobs😂
Comment from : One Punch Man


Mandi Powell
YOU CAN'T ACH $10,000 -- YOU MUST FEDWIRE THAT AMOUNT
Comment from : Mandi Powell


M J
everyday I get amazed how stoneaged US is
Comment from : M J


Virginia Kingsford
Chase doesn’t send ACH transfers to accounts the account holder isn’t on
Comment from : Virginia Kingsford


Bilkul Abhi
Damn UPI goes brr
Comment from : Bilkul Abhi


demigodnz
Wtf In nz it's done in a day bank to bank
Comment from : demigodnz


Derek
Because it's $10,000 it will take longer Now if you'd sent $9,000 you'd be fine
Comment from : Derek


lifeisgood070
? Wire transfer better be 5 to 30 minutes or less or I sincerely would not recommend keeping that bank
Comment from : lifeisgood070


Arthxe 1337
bros risking nam-nam
Comment from : Arthxe 1337


Testing 321
Hey the only real world use for bitcoin right here!
Comment from : Testing 321


White_Lalma
Grandma dies it in three days
Comment from : White_Lalma


The Roni Show
Indian's laughing at the corner with UPI
Comment from : The Roni Show


STACKING4LIFE
banks are crooked with technology it could take 10 minutes One reason amongst many crypto is becoming popular!
Comment from : STACKING4LIFE


Eebil
Your grandma is a witch, all my grandparents past away at the age of 65🥹🥹😅
Comment from : Eebil


TurntProphet
When you have to pay just to transfer money Yikes
Comment from : TurntProphet


Saket Pofali
Only in USA does it this much time too send money
Comment from : Saket Pofali


Michael ONeill
Chase banks are virtually everywhere! What a load of crap 40$? Yeesh
Comment from : Michael ONeill


GhostKing
With crypto like Bitcoin you can transfer money to people with 0 fees and within seconds No middle men
Comment from : GhostKing


Jigmet Avinash Kumar
In India, UPI, or online bank transfer, so easy, no extra cost and gets transferred within seconds with a ease of button, India really is ahead in online paymentsbrPROUD TO BE INDIAN
Comment from : Jigmet Avinash Kumar


Ai648
I hope the money is not for life support
Comment from : Ai648


TiredMan99
Man I'd just pay the $40
Comment from : TiredMan99


Ethan Patrick | Credit Cards & Finance
Never heard it explained so well Thank you
Comment from : Ethan Patrick | Credit Cards & Finance


Pawan chaudhari
In India we can transfer for free in real time
Comment from : Pawan chaudhari


Varun Sai
Me an Indian: Laughs in UPI
Comment from : Varun Sai


Roberto
Meanwhile bitcoin: 😑
Comment from : Roberto


Andrew Simmons
Our banking system is stupid money is all digital Why does it take 3 to 5 business days ACH and wire is pretty much the same damn thing they just category it different
Comment from : Andrew Simmons


vedant kulkarni
I will use upi 😂
Comment from : vedant kulkarni


Thomas D
Zelle instant and no fees
Comment from : Thomas D


American business man
usually available in 24h is the same amount of time as 3-4 business days
Comment from : American business man


derSchtefan
Bank transfers in euro are for free in the EU, and below 12500 Euro always instantaneous
Comment from : derSchtefan


Don Wan
Cash app is free and can be used within 20 seconds of it being sent
Comment from : Don Wan


Funny Man
It’s still wild to me how transfer fees and shit are still like a thing, in the country where im from you can directly send money from one card to another with no outside interference straight from your bank app and it arrives in a mater of seconds
Comment from : Funny Man


duckster313
It's almost like banks are still operating with 300 baud dial-up, and don't have a dedicated phone line
Comment from : duckster313


sheesh
Maybe she died in the 24 or the 4-5 business days
Comment from : sheesh


Rodrigo Valle Teixeira
Living in Europe, where even international wire transfers are free and less than 24h and some instant This video feels like the past century
Comment from : Rodrigo Valle Teixeira


Abhishek S
In india we use UPI and netbanking no charges involved
Comment from : Abhishek S


Ambrotose
Grandma needing that 10 grand to pay off the cartel within 24 hours or she's dead: 👵👉💀
Comment from : Ambrotose


Jett
$10,000 and you think $40 is a lot?
Comment from : Jett


Truck-kun
In india IMPS or NEFT it is instant and no charges at allbr10k usd is like 7 lakhs you can even UPI that much lol
Comment from : Truck-kun


Son Ne
You mist the most important difference about the two products which are way more significant than price
Comment from : Son Ne


Maggie LaRonge
"I'll transfer $10,000 but I don't want to pay $40"
Comment from : Maggie LaRonge


Xavier Buck
40 bucks is steep when you can transfer 10k? What?
Comment from : Xavier Buck


Matt Varvorski
Why are you sending anything thru a third party in the first place?
Comment from : Matt Varvorski


Joost van Assenbergh
This seems so foreign to me, I'm from the Netherlands here and transferring money is instant and completely free
Comment from : Joost van Assenbergh


Augusto Tomazini
In Brazil, we have the most cool bank feature: the Pix transfer The transfer is absolutely free and it takes seconds to get there
Comment from : Augusto Tomazini


Artur Tomasz
You pay so much in USA? In Poland those are free and almost instant
Comment from : Artur Tomasz


Marc
Wow USA is still so far behind - $40 to maybe get it today, or 24 hours at most??
Comment from : Marc



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