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Bank Transfer payment delivery options

What Bank Transfer payment delivery options are currently supported in Routable

Erica Melzer avatar
Written by Erica Melzer
Updated over a week ago

Payable Delivery Options 💸

There are multiple delivery options, with different delivery speeds, available when you are creating a new Bank Transfer payment to your vendor.

These options will be available to select in the dropdown as you are filling out the Payment details of your Bank Transfer payment.

Below is a list of all the available Bank Transfer delivery options and their associated fees.

Delivery option

Delivery speed

Fee

ACH SameDay

End of business day

$2.00

ACH NextDay

1 business day

$1.00

ACH Expedited

2-3 business days

$0.50

ACH Standard

4-5 business days

$0.50

Real-Time Payments

Within seconds

Receivable Delivery Options 💰

In contrast to payables, Bank Transfer receivable payments currently only support one delivery option, which is ACH Standard. This delivery option is pre-selected when you are creating a new receivable and it cannot be modified.

The fees for receivables are calculated based on a percentage, rather than a flat rate, and they are capped at $5.00 per transaction.

Delivery option

Delivery speed

Fee

ACH Standard

4-5 business days

0.8% ($5.00 cap)

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