Wire transfers vs ACH: which should you use?

Not every transfer needs to be a wire — and not every payment can wait three business days. Here's how to choose.

ACH is best for routine domestic payments where cost matters more than speed. Settlement typically takes 1–3 business days.

Domestic wires settle same day and are ideal for large purchases, real estate closings, or time-sensitive vendor payments. Fees are higher but delivery is reliable.

UltraBank internal transfers between UltraBank customers are instant and free — use these whenever your counterparty is on the platform.