The Same Day ACH per transfer limit is set at a maximum amount of $25,000. While this will satisfy many customers, it will not be a high enough limit for others who rely on sending or receiving larger B2B payments.
Since September 2016, NACHA has mandated that every U.S. financial institution make themselves capable of receiving Same Day ACH credits. This phase will allow businesses granted access by their financial institution the ability to send same-day transfers and enjoy faster payments.
Dwolla offers an easy on-ramp to the ACH Network for businesses of all sizes to enable bank transfers within their platforms or applications.
The Dwolla White Label bank transfer API provides our customers with everything from bank account verification tools to webhooks, making it easy to send branded communications to users about their account or payment status. And because the Dwolla API is white labeled, no two integrations are the same.
Each customer is empowered to build their ideal payment flow and customize the user experience to fit their brand.
Determining Custom Transaction Limits
Other options are available, like setting custom transaction limits and next day ACH transfers. You determine the limits for sending and receiving payments and we’ll work with you to make it happen.
For example: If you’re running an equity investment platform and need to be able to receive $1 million transactions from some of your investors, you can do so via Dwolla’s bank transfer API.
We’ve built our payment APIs to be future ready to integrate new payment types, like Same-Day ACH. We’re well-acquainted with the ACH Network and well-positioned to help your business manage Same-Day ACH functionality.
Contact an integration specialist to get started on designing your ideal bank transfer integration. We’ll work with you to determine a flat monthly fee that makes sense.