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What is the difference between an ACH transfer and a Wire transfer?

ACH difference transfer wire
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What is the difference between an ACH transfer and a Wire transfer?

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An ACH Transfer is an electronic transfer from your bank account that may take up to five (5) business days. Please note a $1.50 fee will be assessed per ACH transaction. This transfer option may be executed through any internet enabled device i.e. cell phones, laptops, desktops, etc. A Wire Transfer (whether domestic and/or international) is the quickest method to transfer funds between bank accounts. Please note a $20.00 fee will be assessed per Domestic wire / $30.00 fee per International wire. This transfer option may be executed through your bank branch only.

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