Post #2462776
2026-05-06 14:57 UTC
I thought ACH transactions were typically free too, hence why large transactions typically use them.
Replies (1)
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@The_v@lemmy.world 2026-05-06 15:12
Depends on where you are. In Europe they are free and checks have a surcharge. In the U.S. they generally charge a small fee or do other shenanigans. Example: Intuit puts the money in a holding account for 5-7 business days before delivering (guess who keeps the interest). If sending an international ACH there is always fees even if they are hidden in the exchange rate.