Same Day ACH
Shorten the standard ACH transfer timeline of 4-5 banking days by using Same Day ACH functionality to make funds available within the same business day.
Benefits of Same Day ACH Payouts Using Dwolla’s API
Controlled Cash Flow
Programmable Payments
Increased Transaction Limits
Affordable Transaction Costs
Same Day ACH transfers are a highly adopted transfer speed among businesses using ACH for payments. Whether your business is looking to expedite payroll, provide faster crediting to prevent late bill payments or improve the speed of payments between businesses, implementing Same Day ACH functionality makes funds available faster.
Can my end user receive a payment on the same day the transfer is initiated with Same Day ACH?
Dwolla currently offers same-day bank transfers for ACH credits. As long as the transaction is initiated prior to 12 p.m. CT on a non-holiday business day, funds will arrive in the receiving bank account by the end of business that same day. If a Same Day credit is initiated at 9:30 a.m. CT on Monday, it will be sent out by noon and arrive in the receiving bank account by the end of business on Monday.
Find more information about Dwolla’s transfer timelines here.
Will Same Day ACH functionality complicate my ACH API integration?
Not at all. For businesses interested in Same Day ACH, Dwolla provides developer documentation to help navigate Dwolla’s ACH API. Businesses can take advantage of Same Day ACH credit transfers on a per transfer request basis.
Do my end users need a special bank, app or feature to receive Same Day ACH payments?
No, U.S. banks and credit unions can accept Same Day ACH transfers. After integrating Dwolla’s ACH payment API, businesses can onboard new users and have them add their existing bank account.
