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Re:Standard Treasury (YC S13) Aims To Make Software That Eat... by melvinmt on Tuesday July 09, 2013 @01:37PM (#6013941)
Coming from Europe, I'm also used to exclusively using wire transfers for free. Not so much in the US.

What's the difference between a wire transfer and ACH transfer? (Chase charges me about $19 for every outgoing/incoming wire transfer by the way).

Re:Standard Treasury (YC S13) Aims To Make Software That Eat... by GeneralMayhem on Tuesday July 09, 2013 @02:52PM (#6014483)
Wire transfers are directly from one bank to another, and will go through same-day. ACH is like writing a check, but saves you having to handle the physical paper. It still goes through all the same automated batch processing as a check, so it takes a few days to clear.