Same Day ACH
Same Day ACH from Zil allows users to send and receive funds in a single day. It is the best option you have to transfer funds between bank accounts quickly. Zil, the cloud-based banking platform, is one of the cheapest ways to make ACH transfers. With Zil, you can initiate same-day ACH transfers at just $9.99. Zil also allows you to start an account with OnlineCheckWriter.com to print checks, check drafts, invoices, bills, etc.
We Offer You the Best
0
initial fee
No initial fees or hidden fees to open account with us.
0
maintenance fees
Enjoy hassle-free banking services with no maintenance fees.
0
minimum deposit
Start your banking journey with zero minimum deposit.
0
initial fee
No initial fees or hidden fees to open account with us.
0
maintenance fees
Enjoy hassle-free banking services with no maintenance fees.
0
minimum deposit
Start your banking journey with zero minimum deposit.
What is ACH?
The ACH (Automated Clearing House) network is a way to move money between banks through an automated clearing system that includes external fund transfers, individual payments, and bill payments. Many people use it to send domestic funds, make direct deposits from employers, and do business-to-business transactions like paying PayPal and Venmo.
NACHA Membership
As a direct member of NACHA (National Automated Clearing House Association), the company now offers ACH processing with low transaction fees to increase the use and efficiency among small businesses in America. Usually, banks might charge around $3 for an individual or business’s each-time usage on their own accord, but with Zil, your pockets are secured.
FREQUENTLY ASKED QUESTIONS
What is same-day ACH?
Same-day ACH transactions allow for quick and easy financial management. This is because it speeds up the process of exchanging money. Same Day ACH with Zil makes the process hassle free at a minimized cost. The payment will be processed on the same day.
How fast are ACH transfers?
ACH transfer can usually take two to three days to process the payment. But if you are going for the same-day ACH option, your payment will be processed on the same day. Zil eases out the payment initiation at a minimized cost seamlessly.
How to send an ACH payment?
ACH payment processing is processed in two ways: debit and credit, and an electronic request is sent to the bank for any payment transaction. A third-party processor provides the tools to businesses to make this possible. The vendor receiving the funds gets authorization for the ACH transaction from the purchaser. Moreover, the ACH payments operator (FED) receives electronic entries and debits/credits from respective banks. Then the purchaser's bank records the transaction on the purchaser's account. In addition, ACH transfer is easy & secure with Zil, the cloud-based banking platform.
What is the cut-off time for processing ACH debits and credits?
Here are the cut-off times for originating ACH Credit & Debit Transactions:
Same Day ACH Cut-Off: 9:45 AM PST
Next Day ACH Cut-Off: 2:45 PM PST
Same-Day ACH vs Wire Transfer
Wire transfers may be costly, but they're the most common way for banks and other financial institutions to transfer money. Even though same-day ACH transfers cost more than regular ACH transfers, they are still cheaper than wire transfers. With Zil, you can make same-day ACH transfers at an affordable rate.
Make Business Easy with Zil
At Zilbank.Com, we pledge to provide convenient and efficient services to our customers to make business operations easier.