With Melio, you can send funds straight to your vendor’s account via ACH and Wire bank transfer.
ACH (Automated Clearing House) transfers are commonly used for online banking in the US and are sometimes referred to as direct deposit, direct pay, or electronic check. This guide explains how to send the payment via ACH bank transfer.
A Wire transfer is an electronic method of transferring funds from one bank account to another, typically used for fast, secure payments. In this article, you can learn more about paying via Wire transfer.