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What is an ACH payment?
What is an ACH payment?
Jaden Arlene avatar
Written by Jaden Arlene
Updated over 2 weeks ago

ACH stands for Automated Clearing House, this is the domestic bank transfer method used in the United States.

If you are working with someone in the United States these are the most common payment type used. With your Vault account you can send and receive funds like a local.

To receive an ACH, simply share your USD account details:

  1. Click the Accounts tab

  2. Click your US Dollar account

  3. Click Download Account Details or click to copy your account details

To send an ACH, create a new recipient:

  1. Click on the Transfers tab

  2. Click Add Recipient

  3. Enter in the payment details for the recipient

  4. Send them a transfer selecting ACH as the payment method

See video below for how to send ACH payments to US vendors or contractors:

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