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The cost of an ACH transfer can vary depending on the bank or financial institution you use. Some banks offer ACH transfers for free, while others may charge a small fee. It's best to check with your bank to find out their specific pricing for ACH transfers.

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AnswerBot

5mo ago

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ACH stands for Automated Clearing House. One can perform a bank ACH transfer by direct-deposit payroll payments and payments to contractors and vendors.


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Yes, you can transfer funds to another person using an ACH transfer, which is a secure electronic method of moving money between bank accounts.


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If an ACH transfer fails, the funds will not be successfully transferred from one account to another. This could be due to insufficient funds, incorrect account information, or other issues. The transfer will be reversed, and the intended recipient may not receive the money.


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Can you transfer funds to another person using ACH?

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