Routable charges different fees based on the type of transaction.
ACH Payable Transaction Fees
Expedited: 2-3 business days | $0.50 |
NextDay: 1 business day | $1.00 |
SameDay: End of business day | $2.00 |
Standard: 4-5 business days | $0.50 |
ACH Receivable Transaction Fees
Standard: 4-5 business days | 0.8% ($5.00 cap) |
Check Transaction Fees
Standard: 7-10 business days | $1.50 |
Basis Points and ACH Addenda
Adding an ACH Addenda Record to a payment will result in an additional cost of 3 basis points per transaction.
Basis points are a unit of measure used in finance to describe the percentage change.
- One basis point is equal to 0.01% (1/100th of a percent).
- A charge of 3 basis points means that the charge is 0.0003% of the initial amount.