Many banks, especially in the US, let you move money between different bank accounts using ACH (Automated Clearing House). Some banks that accept ACH transfer include Bank of America, Chase, Wells Fargo, Citibank, US Bank, Capital One, etc. Not every bank accepts ACH though, but we have made the proper list of banks that accept ACH transfers, along with other important information you may need to know, including ACH fees and processing times.
List of banks that accept ACH transfer
There are lots of different banks out there that can help you out with ACH transfers. And if you’re on the hunt for one, you might be happy to hear that lots of them offer free online checking accounts with no need for a big deposit or a credit check.
Below is the list of banks that accept ACH transfer:
1. Capital One
It is a straightforward process when it concerns how Capital One handles ACH transfers. To kick things off, all you need to do is log in to your Capital One account online or through their mobile app. From there, you’ll be able to initiate an ACH transfer by choosing the account you want to transfer funds from and the account you want to send them. Of course, you’ll also need to provide some additional details, such as the recipient’s account number and routing number.
As for how long it takes for ACH transfers to go through and any fees associated with them at Capital One, these can vary depending on a few different factors. Typically, though, ACH transfers take 2-3 business days to process. The good news is that Capital One doesn’t charge any fees for incoming ACH transfers or outgoing transfers.
2. Wells Fargo
Wells Fargo Bank is one of the largest financial institutions in the United States, and they offer a variety of services, including ACH transfers. With Wells Fargo, you can easily initiate an ACH transfer online, through their mobile app, or by visiting a branch.
The duration and fees associated with an ACH transfer with Wells Fargo can vary depending on the specifics of the transaction. Typically, ACH transfers are processed within one to three business days, although it can take longer in some cases. As for fees, Wells Fargo charges zero dollars for incoming and outgoing ACH transfers.
3. Bank of America Financial Center
Bank of America has made it easy for its customers to initiate an ACH transfer through various channels. You can use the bank’s website or mobile app to send money electronically, or simply visit a Bank of America Financial Center to do it in person.
Initiating an ACH transfer is a straightforward process that requires basic information about both the sender’s and recipient’s bank accounts. This includes details such as the account holder’s name, account number, and bank routing number. After you’ve entered the necessary information, Bank of America will handle the rest and transfer the funds on your behalf. Although the duration of the transfer can vary, it typically takes 3 business days for the recipient to receive the money.
Concerning the fees, if you’re receiving money from someone else, you don’t have to worry about any fees at all. But if you’re sending money, then there are a few things to keep in mind. Suppose you’re okay with waiting a few days for the money to arrive, then you’ll only be charged $3 for the transfer. But if you need to get that money to its destination in a hurry, then you’ll have to pay a little more – $10 for next-day delivery.
4. PNC Bank
PNC Bank offers this ACH transfer to its customers, so you can easily send and receive money from other banks or individuals.
The good news is that ACH transfers with PNC Bank are usually pretty fast, with the money typically arriving in the recipient’s account within one to two business days. And as for fees, you might get charged a fee depending on how you do it. Let’s assume you do it online, good news – you won’t have to pay a single penny. But if you go into a physical branch to do the same transaction, you’ll get hit with a $3 fee.
5. Santander Bank
Santander Bank, like many other banks, allows its customers to send and receive ACH transfers. This can be a convenient way to pay bills, send money to friends and family, or make other types of payments.
When you initiate an ACH transfer with Santander Bank, the process typically takes 1 – 3 business days to complete. The exact duration can depend on various factors, such as the time of day you initiate the transfer and whether it falls on a weekend or holiday. As for fees, Santander Bank generally does not charge its customers for incoming or outgoing ACH transfers.
6. Chase Bank
Chase Bank offers ACH transfers to their customers as a way to quickly and securely send money to other accounts. To set up an ACH transfer, you’ll need to provide the recipient’s account and routing number, as well as the amount you wish to transfer.
The duration of an ACH transfer with Chase Bank can vary, but it typically takes one to three business days for the money to be deposited into the recipient’s account. However, this can depend on some factors such as the time of day the transfer was initiated and whether it was sent on a weekend or holiday. When it comes to fees, Chase Bank charges $0 for outgoing transfers or incoming transfers via ACH.
7. Discover Bank
Discover Bank is part of the banks that accept ACH transfer through their online banking platform or mobile app.
When you initiate an ACH transfer with Discover Bank, it typically takes 4 business days for the funds to be available in the receiving account. However, this can vary depending on the specific circumstances of the transfer. Discover Bank does not charge any fees for incoming ACH transfers or outgoing transfers.
8. Citizens Bank
When it comes to Citizens Bank, they make it pretty easy to set up an ACH transfer. You can do it through their website or mobile app, and you just need to have the other person’s account and routing numbers handy. As for how long it takes, that can vary a bit depending on the specifics of the transfer. Generally speaking, though, ACH transfers can take anywhere from one to three business days to complete. So if you’re sending money to someone and you need it to arrive by a certain date, you’ll want to plan and give yourself plenty of time.
Finally, let’s talk about fees. Citizens Bank does charge a fee for outgoing ACH transfers. Suppose you’re okay with waiting a few days for the money to arrive, then you’ll only be charged $3 for the transfer. But if you need to get that cash to its destination in a hurry, then you’ll have to pay a little more – $10 for next-day delivery.
Below is an extended list of banks that accept ACH transfer:
- 121 Financial Credit Union
- 1st Bank (Broadus, MT) – Personal
- 1st Bank (WY)
- 1st Bank of Sea Isle City – Personal
- 1st Community Bank (IL) – Personal
- 1st Community Bank (TX)
- 1st Constitution Bank – Personal
- 1st Financial Federal Credit Union
- 1st Mariner Bank – Personal
- 1st National Bank (OH)
- 1st National Bank Elkhart – Personal
- 1st National Bank of Howell
- 1st Security Bank of Washington
- 1st Source Bank
- 1st State Bank (NE) – Personal
- 1st Summit Bank
- 1st United Bank (MN) – Personal
- 21st Century Bank
- 4Front Credit Union
- 5 Star Bank
- A+ Federal Credit Union
- AAA Banking – Personal
- Abacus Federal Saving Bank – Personal
- Abilene Teachers Federal Credit Union
- Abington Bank
- Able Banking
- AcademyBank – Personal
- Access National Bank
- Adams Bank & Trust – Personal
- Adirondack Bank – Personal
- Admirals Bank – Personal
- Advantage Community Bank
- Advantage Financial Credit Union
- Adventure Credit Union
- Advia credit Union
- Afena FCU
- Affiliated Bank (TX)
- Affinity Federal Credit Union
- AJ Smith Federal Savings Bank – Personal
- Alamosa State Bank
- Albany Bank (IL) – Personal
- Albina Community Bank – Personal
- Alden State Bank (NY) – Personal
- Allegacy Federal Credit Union
- Allegiance Bank Texas
- Andrews FCU
- Androscoggin Bank – Personal
- Angelina Savings Bank
- Anheuser-Busch Employees’ Credit Union
- Anna-Jonesboro National Bank – Personal
- AOD Federal Credit Union
- APCI Federal Credit Union
- Bangor Savings Bank
- Bangor Savings Bank
- Bank 7
- Bank Five
- Bank Forward – Personal
- Bank Independent
- Bank Iowa
- Bank of America
- Bank of Commerce Redding
- Bank of Crockett (TN)
- Bank of Deerfield – Personal
- Bank of Dickson
- Bank of Dudley – Online Banking
- Bank of Eastern Oregon
- Bank of Erath – Personal
- Bank of Glen Burnie
- Bank of Grove – Personal
- Bank of Hazlehurst – Personal
- Bank of Hemet – Personal
- Bank of Holland
- Bank of Holly Springs – Personal
- Bank of Hope
- Bank of Internet (BofI) Advisor
- Bank of Internet USA
- Bank of Jackson Hole
- Bank of the Cascades
- Bank of the Ozarks – Personal
- Bank of the West
- BankPlus (MS)
- BB&T
- BBVA Compass
- Belmont Savings Bank
- Ben Franklin Bank of Illinois
- Benchmark Bank – Personal
- Benchmark Bank (TX)
- Benchmark Community Bank
- Benchmark Federal Credit Union
- Beneficial Bank – Personal
- Beneficial Bank – Personal
- Beneficial State Bank – Personal
- Best Hometown Bank – Personal
- Better Banks
- Beverly Co-operative Bank – Personal
- BFG Federal Credit Union
- Biddeford Savings Bank – Personal
- Big Sky Western Bank
- Billings Federal Credit Union
- Biscayne Bank
- Black Hills Community Bank, N.A.
- Black River Country Bank – Personal
- Blackhawk Bank (WI)
- Blackhawk Community Credit Union
- BlackRidgeBANK – Personal
- BluCurrent Credit Union
- Blue Hills Bank – Personal
- Blue Ridge Bank
- Bluebird by American Express
- CA Valley First Credit Union
- Capital One
- CBI Bank & Trust
- CBI Bank & Trust
- CBT Bank
- CBT Bank
- CCB Community Bank – Personal
- CCB Community Bank – Personal
- Cecil Bank
- Cecil Bank
- Cedar Valley Bank & Trust (IA)
- Cedar Valley Bank & Trust (IA)
- Celtic Bank
- Celtic Bank
- CenBank
- CenBank
- Charles Schwab
- Chase
- Citi
- Citizens Bank
- Dade County FCU
- Darden Employees FCU
- Dart Bank
- Dearborn Savings Bank – Personal
- DeKalb Community Bank(Now Wilson Bank & Trust)
- Del Norte Credit Union
- Delanco Federal Savings Bank – Personal
- Denali Alaskan Federal Credit Union
- Denali State Bank
- Denison State Bank
- Denison State Bank
- Denmark State Bank – Personal
- Denver Community Credit Union (CO)
- Desjardins Bank (US) – Personal
- Dexsta Federal Credit Union
- DFCU Financial (MI)
- Diamond Valley Federal Credit Union
- Digital Federal Credit Union
- DNB First – Personal
- Dominion Credit Union
- Dort Federal Credit Union
- Dubuque Bank and Trust
- Dubuque Bank and Trust
- Duke Credit Union
- Dundee Bank
- Dutch Point Credit Union
- Dutton State Bank
- Eagle Federal Credit Union
- Eagle Savings Bank
- Eagle Valley Bank, N.A.
- East Cambridge Savings Bank
- East Idaho CU
- East Texas Professional Credit Union
- East West Bank
- East Wisconsin Savings Bank
- Eastern Michigan Bank
- Eastman Credit Union
- Eclipse Bank – Personal
- Edgar County Bank and Trust Company – Personal
- Edgewater Bank – Personal
- Edison National Bank
- Edmonton State Bank
- Educational Employees Credit Union (EECU) (CA)
- Edwards Federal Credit Union
- EECU Credit Union (TX)
- Elements Financial (formerly ELFCU)
- Elevations Credit Union
- ELGA CU
- Elkton Bank & Trust Company (Elkton, Ky)
- Embassy National Bank Personal Banking
- Empower Federal Credit Union
- Encompass Credit Union
- Encore Bank (FL) – Personal
- Encore National Bank (FL)
- Entegra Bank – Personal
- Enterprise Bank (MA) – Personal Banking
- Envision Credit Union
- Ephrata National Bank
- Equity Bank (KS) – Personal
- Erie Federal Credit Union
- ESB Financial – Personal
- Escambia County Bank
- ESL Federal Credit Union
- ESSA Bank & Trust – Personal
- Essex Bank
- Eureka Bank
- Eureka Savings Bank
- EvaBank
- Evangelical Christian Credit Union
- Evansville Federal Credit Union
- Evansville Teachers Federal Credit Union
- EVB Bank – Personal
- Evergreen Bank Group
- Evolve Bank & Trust
- FARMERS TRUST & SAVINGS Bank (Williamsburg, IA)
- FCB Banks (Divisions of First Collinsville Bank) – Personal
- Fidelity
- First Citizens Community Bank
- First Citizens State Bank – Personal
- First Citrus Bank Tampa, FL
- First City Bank (FL) – Personal
- First City Credit Union
- First Commercial Bank (MS)
- First Hawaiian Bank
- First Minnetonka City Bank – Personal
- First Missouri State Bank (Cape Girardeau, MO) – Personal
- First Neighbor Bank (IL)
- First Neodesha Bank (KS)
- First New York FCU
- First Newton National Bank – Personal
- First Northern Bank & Trust
- First Personal Bank
- First Piedmont (SC)
- First Pioneer National Bank
- First Platypus Bank
- First Port City Bank (GA)
- First PREMIER Bank (Personal)
- First Republic: Banking Online
- First Resource Bank
- First Robinson Savings Bank
- First Tennessee
- First-Citizens Bank
- Gate City Bank – Personal
- German American Bank – Personal
- Glens Falls National Bank and Trust Company – Personal
- GoBank
- Golden Plains Credit Union
- Grundy National Bank (VA) – Personal
- Guaranty Bank (MO)
- Guaranty Bank and Trust Company (New Roads, LA)
- Guardian Bank
- Guilford Savings Bank
- Gulf Coast Bank
- Gulf Coast Bank & Trust Company – Personal
- Hardin County Savings Bank
- Harleysville Savings Bank
- Hartford Federal Credit Union
- Harwood State Bank
- Hastings City Bank
- Hatboro Federal Savings
- Hawaii State Federal Credit Union
- Heritage Oaks Bank
- HR Block Emerald Card
- Huntington Bank
- iAB Financial Bank – Personal
- IBERIA BANK
- IBERIABANK
- IDB-IIC FCU
- IH Mississippi Valley Credit Union
- Illinois Bank & Trust – Personal
- ILWU Credit Union
- Independence Bank (MT)
- Inland Northwest Bank – Personal
- Insignia Bank – Personal
- Insouth Bank – Personal
- Institution for Savings Newburyport
- Institution Name
- Integrity Bank & Trust (CO) – Personal
- Integrity First Bank – Personal
- Interamerican Bank – Personal
- InterBank – Personal
- Intercity State Bank – Personal
- Interior Federal Credit Union
- International Bank of Chicago
- International Bank of El Paso
- Inwood National Bank
- Inwood National Bank
- Iowa State Bank (Algona, IA) – Personal
- Jacksboro National Bank
- Jackson County Bank (IN) – Personal
- JAX Federal Credit Union
- Jeff Bank (NY) – Personal
- Jeff Davis Bank
- Jefferson Bank and Trust
- Jersey Shore FCU
- Jersey Shore State Bank
- JetStream Federal Credit Union
- Johnson State Bank
- Jones National Bank and Trust – Personal
- Jonestown Bank & Trust Co.
- Juniata Valley Bank
- KANZA Bank
- Katahdin Trust Company – Personal
- Kauai Community Federal Credit Union
- Kearney Trust Company – Personal
- Kearny Federal Savings Bank – Personal
- KEB Hana Bank USA
- Kemba Credit Union
- Kemba Financial Credit Union
- Kennebec Federal Savings (ME)
- Kennebec Savings Bank – Personal
- Kennebunk Savings Bank
- L&N Federal Credit Union
- La Capitol Federal Credit Union
- La Loma Federal Credit Union
- Labette Bank
- Lafayette Ambassador Bank – Online Services
- LAFCU
- Lake Area Bank – Personal
- Lake City Federal Savings and Loan Association – Personal
- Lake Community Bank – Personal
- Lake Elmo Bank
- Lake Sunapee Bank
- Lake Trust Credit Union
- Lakeside Bank
- Lakestone Bank & Trust
- Landings Credit Union
- Landmark Bank (LA)
- Landmark Bank (TN)
- Landmark Credit Union (WI)
- Latitude 32 Credit Union
- LBS Financial Credit Union
- Leader Bank – Personal
- Leaders Credit Union
- Lebanon Citizens National Bank
- Lebanon Federal Credit Union
- Lee Bank – Personal
- Legacy National Bank – Personal
- LegacyTexas Bank
- Legends Bank (TN)
- Leominster Credit Union
- Level One Bank – Personal
- Liberty Bank (Alton, Godfrey, Bethalto – IL) – Personal
- Liberty Bank (CA) – Personal
- Liberty Bank (Chicago, Lincolnwood, Park Ridge – IL) – Personal
- Liberty Bank (CT) – Personal
- Liberty Bank and Trust – Personal
- Lincoln State Bank – Personal
- Lindell Bank
- Lisle Savings Bank
- LOC Federal CU
- Lone Star Capital Bank – Personal
- Lone Star National Bank
- Lone Star State Bank of West Texas – Personal
- Long Beach City Employees Federal CU
- Los Angeles Federal Credit Union
- Los Angeles Police Federal Credit Union
- Lumbee Guaranty Bank – Personal
- Luther Burbank Savings – Personal
- Luzerne Bank
- M&T Bank
- Mabrey Bank
- Macatawa Bank – Personal
- Machias Savings Bank – Personal
- Macon-Atlanta State Bank
- Magnify Credit Union
- Magnolia Federal Credit Union
- Magyar Bank – Personal
- Main Street Bank – Personal
- Main Street Bank Community Bank of Florida
- MainSource Bank
- MainStreet Bank (Northern Virginia)
- Mainstreet Credit Union
- Malheur FCU
- Malvern Federal Savings Bank
- Malvern Trust and Savings Bank – Personal
- Manasquan Bank – Personal
- Manhattan Bank (MT)
- Manor Bank (PA)
- Mansfield Co-Op Bank – Personal
- Maple Bank (Champlin, MN)
- Marathon Savings Bank – Personal
- Marine Bank & Trust (IL) Personal
- Marine Bank and Trust – Personal
- Marine Federal Credit Union
- Marion Bank & Trust Co – Personal
- Marion County Bank – Personal
- Marion County Savings Bank
- Martha’s Vineyard Savings Bank
- Martin Federal Credit Union
- Martinsburg Bank and Trust
- Mascoma Savings Bank
- Mason State Bank – Personal
- MassMutual Federal Credit Union
- Matadors Community Credit Union
- MAX Credit Union
- Mayo Employees Federal Credit Union
- Mayville State Bank
- Mazuma Credit Union
- mBank (MI) – Personal
- M-C Financial Credit Union
- McCook National Bank – Personal
- McFarland State Bank – Personal
- McGraw-Hill Employees Federal Credit Union
- McIntosh County Bank (MD)
- MCNB Banks – Personal
- MCT Credit Union
- MECE Credit Union
- Mechanics & Farmers Bank
- Mechanics Bank (MS)
- Mechanics Bank (Northern California) – Personal Banking
- Mechanics Cooperative Bank – Personal
- Mechanics Savings Bank (ME)
- Mechanics Savings Bank (OH)
- MECU of Baltimore
- Mediapolis Savings Bank – Personal
- Medina Savings and Loan Association
- Meetinghouse Bank
- Mega Bank (CA)
- Member One Federal Credit Union
- Members 1st FCU
- Members Advantage Credit Union
- Members Choice CU (TX)
- Members First Credit Union (NH)
- Members First Credit Union of Florida
- Memphis City Employees Credit Union
- Mercantile Bank (MO, Quincy IL & Carmel IN) – Personal
- Mercer County State Bank – Personal
- Merchants & Farmers Bank
- Merchants & Farmers Bank of Greene County, Alabama
- Merchants and Manufacturers Bank – Personal
- Merchants Bank (Rugby, ND)
- Merchants Bank (VT)
- Merchants National Bank (OH) – Personal
- Merchants National Bank of Bangor – Personal
- Meridian Trust – My Accounts
- Meritrust Credit Union
- Merrimack County Savings Bank
- Metro Health Services Federal Credit Union
- Metropolitan Commercial Bank – Personal
- Miami Postal Service Credit Union
- Michigan First Credit Union
- Michigan Tech Employees’ FCU
- Mid America Bank (KS) – Online Banking
- Mid American Credit Union
- Mid Country Bank – Personal
- Mid Missouri CU
- Mid Penn Bank – Personal
- MidAmerica Bank (MO) – Personal
- Mid-Atlantic Federal Credit Union
- MidCoast Community Bank
- Middletown Valley Bank
- Mid-Hudson Valley Federal Credit Union
- Midland States Bank
- MidSouth Bank (AL & Panama City, FL) – Personal
- MidSouth Bank (LA & TX)
- MidSouth FCU
- Midstate Community Bank
- Midwest Bank (MN)
- Midwest Bank (NE) – Personal
- Midwest BankCentre
- Midwest Members Credit Union
- Midwest Regional Bank – Personal
- MidWestOne Bank – Personal
- Mifflinburg Bank & Trust
- Mile High Banks – Personal
- MileStone Bank
- Millbury Federal Credit Union – Personal
- Millbury Savings Bank – Personal
- Millennium Bank (Des Plaines, IL)
- Millennium Bank, TN
- Milton Savings Bank
- Minnesota Power Employees CU
- Minnwest Bank – Personal
- Minster Bank – Personal
- Mission Bank
- Mission Bank (AZ)
- Mission National Bank – Personal
- MIT Federal Credit Union
- Mohave State Bank – Personal
- Monarch Bank
- Monroe Bank & Trust – Personal
- Monroe County Bank (Forsyth, GA)
- Monroe Savings Bank – Personal
- Monroe Savings Bank, SLA
- Monson Savings Bank
- Montana Federal Credit Union
- Monterey County Bank – Personal
- Montezuma State Bank (Montezuma, Iowa)
- Montgomery Bank – Personal
- Montgomery County Employees Federal Credit Union
- Monticello Banking Company
- Moody National Bank
- Morganton Savings Bank
- Morrill & Janes Bank
- Morton Community Bank – Personal
- Mountain Commerce Bank
- Mountain West Bank – Personal Banking
- Mt. McKinley Bank
- Mutual Bank – Personal
- Mutual of Omaha Bank – Personal
- Mutual Savings Association
- Mutual Security Credit Union
- MVB Bank – Personal
- My Personal Credit Union
- Nantucket Bank – Personal
- National Bank of Middlebury – Personal
- National Bank of Ohio – Personal
- National Bank of Waupun IBanc – Personal
- National Capital Bank of Washington
- National Institutes of Health (NIH) Federal Credit Union
- Native American Bank – Personal
- Navigant Credit Union
- Navigant Credit Union
- Navigator Credit Union
- Navy Army FCU now Navy Army Community Credit Union
- Navy Federal Credit Union
- NCB Savings Bank
- NCPD Federal Credit Union
- Nebraska Bank of Commerce – Personal
- Needham Bank
- NEFCU (Nassau Educators Federal Credit Union)
- Neighborhood Credit Union
- Neighborhood National Bank – Personal
- Neighbors Credit Union
- NetBank
- NetSpend Prepaid Debit Card
- Nevada State Bank – Personal
- Nevada State Bank – Personal
- New Buffalo Savings Bank, A FSB
- New Cumberland Federal Credit Union
- New England Federal Credit Union
- New Foundation Savings Bank
- New Jersey Community Bank – Personal
- New Market Bank
- New Orleans Firemen’s Federal Credit Union
- New Peoples Bank – Personal
- NewBridge Bank – Personal
- Newburyport Five Cents Savings Bank
- NewDominion Bank – Personal
- NewFirst National Bank – Personal
- Newton Federal Bank – Personal
- Newtown Savings Bank
- NexTier Bank – Personal
- Nicolet National Bank Online Banking
- Nodaway Valley Bank – Personal
- Normangee State Bank – Personal
- NorStates Bank (IL) – Personal
- North American State Bank – Personal
- North Cascades Bank
- North Country Federal Credit Union
- North County Credit Union
- North County Savings Bank
- North Easton Savings Bank – Personal
- North Georgia National Bank – Personal
- North Island Credit Union
- North Middlesex Savings Bank
- North Shore Bank of Commerce
- North Side Federal – Personal
- North Star Bank (MN) – Personal
- North State Bank
- North Valley Bank (CO)
- Northeast Bank (Lewiston, ME)
- Northeast Bank (MN)
- Northeast Credit Union
- Northeast Family Federal Credit Union
- Northeast Security Bank
- Northeast Texas Credit Union
- Northeastern Engineers FCU (Richmond Hill, NY)
- Northern Piedmont Federal Credit Union
- Northern State Bank (WI)
- Northfield Bank – Personal
- Northfield Savings Bank (VT)
- Northland Area Federal Credit Union
- Northmark Bank – Online Banking
- Northpointe Bank – Personal
- Northside Community Bank – Personal
- NorthStar Bank (IA) – Personal
- NorthStar Bank of Texas – Personal
- Northway Bank
- Ocean City Home Bank
- Old National Bank
- Pen Air FCU
- Pinnacle Bank (TX) – Personal
- Pioneer Federal Credit Union
- Police and Fire Federal Credit Union
- Potlatch No 1 Federal Credit Union
- PrimeWay Federal Credit Union
- SAFE Credit Union (CA)
- San Francisco Fire Credit Union
- Schools Financial Credit Union
- Scott Credit Union
- Service Credit Union
- Skylight Visa Prepaid Debit Card
- Southside Bank of Tyler, Texas
- State Employees Federal Credit Union
- TD Bank
- Teachers Credit Union (IN)
- The Washington Trust Company
- Umpqua Bank – Business
- Union Bank
- Union Bank & Trust (VA) – Personal
- Union Bank & Trust (WI) – Personal
- Union Bank & Trust Company (NE) – Personal
- United Bank and Trust (Marysville, KS) – Personal
- United Bank of El Paso
- United Bank of Iowa
- United Bank of Michigan – Personal
- United Bank of Union – Personal
- United Citizens Bank of Southern Kentucky
- United Community Bank (Gonzales,LA) – Personal
- United Community Bank (IA) – Personal
- United Community Bank (IL) – Personal
- United Community Bank of North Dakota
- United Cumberland Bank – Personal
- United Federal Credit Union – Online Banking
- United Fidelity Bank – Personal
- United Midwest Savings Bank – Personal
- United Mississippi Bank
- United National Bank (Grady County)
- United Pacific Bank (CA)
- United Prairie Bank – Personal
- United Republic Bank – Personal
- United Savings Bank (PA) – Personal
- United Southeast Federal Credit Union
- United Southern Bank (FL) – Personal
- United States Senate Federal Credit Union
- United Teletech Financial FCU
- United Valley Bank – Personal
- Unity Bank (NJ, PA) – Personal
- Unity National Bank (TX) – Personal
- Universal 1 Credit Union
- Universal Bank (CA)
- Universal City Studios Credit Union
- University of Illinois Employee CU
- University of Kentucky FCU
- University Of Michigan Credit Union
- Univest
- UniWyo Federal Credit Union
- Upward Credit Union
- US Bank
- US Federal 1364 Credit Union
- USAA
- USAmeriBank – Personal
- USE Credit Union
- Valley National Bank (NJ)
- Valley State Bank (Syracuse, KS)
- Vantage West Credit Union
- Velocity Credit Union (Austin, TX)
- Walmart Prepaid MoneyCard
- Webster Bank
- Wells Fargo
- Westbury Bank – Personal
- Winona National Bank
- Winter Hill Bank – Personal
- Wisconsin Bank & Trust – Personal
- Wolverine Bank – Personal
- Wood & Huston Bank
- Wood & Huston Bank
- Woodforest National Bank
- Woodsboro Bank
- Woodsville Guaranty Savings Bank
- Workers Credit Union
- Worthington Federal Savings Bank – Personal
- Wrentham Co-operative Bank – Personal
- Wright-Patt Credit Union
- WyHy Federal Credit Union
- Xceed Financial Credit Union
- Xenith Bank – Personal
- Xplore Federal Credit Union
- Y-12 Federal Credit Union
- Yakima Federal Savings & Loan – Personal
- Yellowstone Bank
- Zapata National Bank – Personal
- Zeal Credit Union
Above are banks that accept ACH transfer.
Benefits of using ACH transfers
Having seen the banks that accept ACH transfer, ACH transfers have a lot of benefits that you won’t find in other money transfer methods. Here are the main benefits:
1. Low fees
Banks usually charge very low fees for ACH transfers, and some places won’t charge you anything at all! On average, the cost for ACH payment processing is only $0.29. So, you can save a lot of money by using ACH instead of other transfer methods. Plus, it’s cheaper to transfer large amounts of money than small amounts.
2. Security
ACH transfers are processed through a clearinghouse, which makes them very safe. And, if you realize you made a mistake with the transaction, you can cancel it before it goes through. That way, you won’t lose any money to the wrong recipient.
3. Anyone can use them
ACH transfers are available to everyone in the US. Whether you’re a consumer or a business, you can use ACH to get money where it needs to go.
However, one downside of using banks that accept ACH transfer is that they can take a long time to complete. So, they may not be the best option if you need to transfer funds quickly in an emergency.
Banks that accept ACH transfer take: how long they take
Having known the list of banks that accept ACH transfer, how long they take depends on the specific bank’s processing time.
However, it usually takes around 3-5 working days for banks to complete an ACH transfer. Now, there are a few things that can affect exactly how long it’ll take for you to get your funds. For one, the time of day that you submit your transfer request can make a difference.
Let’s say you submit your request outside of a bank’s normal working hours – in that case, the bank will consider the request as having been made the following day. Also, if you make a transfer on the weekend, your request won’t be processed until the next Monday.
Another factor that can affect how quickly your ACH transfer goes through is the currency you’re using. Suppose you’re using a domestic currency, your transfer will likely go through faster than if you’re using a foreign currency.
Do all banks allow ACH transfers?
Basically, if you have a bank account with a U.S. bank, chances are you’re good to go. The ACH network is widely used in the U.S., and it’s the go-to way for businesses to send and receive payments electronically. In other words, if you’re looking to make transactions quickly and efficiently, it’s definitely worth checking if your bank is part of the ACH network.
In addition, if you’re looking to make or receive ACH payments, you’ll need to have a bank that’s part of the Automated Clearing House network. Don’t worry though; there are thousands of banks in the U.S., U.K., etc. that are already part of the network.
What information do you need for ACH transfer?
When it comes to setting up an ACH transfer, there are a few pieces of information you’ll need to gather from your bank. First up is your bank’s routing number, which is a nine-digit code that identifies your bank in the Federal Reserve System. You’ll also need your account number, which is a unique identifier for your specific account.
Now, it’s worth noting that some banks have different account numbers for different types of accounts (like checking versus savings), so make sure you’re using the right one. In addition to your routing and account numbers, you may also need to provide your bank’s name and address. This is less common, but some financial institutions require it to ensure that the transfer goes smoothly. With those pieces of information in hand, you’ll be all set to set up your ACH transfer.
ACH bank transfer fees
ACH payment fees can vary, but it’s usually between zero and $10. Let’s say you do a lot of ACH transactions, you might be able to negotiate a better rate with payment processing companies. And here’s some good news: some banks that accept ACH transfer won’t even charge their customers fees for ACH payments (including online bill pay).
Now, on average, you can expect to pay around $0.29 per ACH transaction. But keep in mind that several factors can affect the cost of ACH fees, like the number and size of your transactions.
To give you an idea of the range of ACH fees out there, here are some examples from other payment processors:
- Transactional flat fee: $0.20 – $1.50
- Transactional percentage fee: 0.5% – 1.5%
- Monthly fee: around $15
- Batch fee: $0 – $1.00
- ACH return fee (per return): around $2.50
Conclusion—list of banks that accept ACH transfer
ACH transfers have become a convenient way to transfer funds electronically. Many banks offer this service to their customers, including major institutions such as Bank of America, Wells Fargo, and JPMorgan Chase.
However, it helps to check with individual banks that accept ACH transfer regarding their specific policies and fees associated with ACH transfers, as these can vary depending on the institution. Overall, ACH transfers provide a fast, secure, and cost-effective means of transferring funds between accounts at different banks.
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