Controlled Cash Flow
—as fast as the same day.
Program Payments Faster
Increased Transaction Limits
Affordable Transaction Costs
Understanding Same Day ACH Payments
Same Day ACH transfers are a highly adopted transfer speed among businesses using bank transfers for payments. Whether your business is looking to expedite payroll, provide faster crediting or debiting to prevent late bill payments or improve the speed of payments between businesses, implementing Same Day ACH functionality makes funds available faster.
Dwolla currently allows you to program Same Day ACH bank transfers for both credits and debit transactions. As long as the transaction is initiated prior to 11:59 a.m. 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 ACH transaction is initiated at 9:30 a.m. on Monday, the transfer will arrive in the receiving bank account by the end of business that same day.
View Dwolla’s Same Day ACH timeline here.
No, U.S. banks and credit unions can accept Same Day ACH transfers. After integrating with Dwolla, onboard new users and have them add their existing bank account.
Not at all. For businesses interested in Same Day ACH, Dwolla provides developer documentation to help navigate integrating with payment software. Choose which transactions are sent the same day!
Yes. You could do this by debiting funds into the Dwolla Network using a Same Day debit transaction and then after those funds clear, initiate an RTP transaction.