Congratulations on setting up your brand-new US bank account! Please note the following:
Payment Scheme: Your US bank account is addressable only in ACH and WIRE TRANSFERS. The account type is Checking.
If a local US Address is required, the bank's address can be used as the recipient's.
The maximum you can receive per transaction for third-party deposits is USD 4,000. However, there is no limit to what you receive from a business account or your account.
Receiving payments with your US bank account via ACH can take 1-2 business days.
Receiving payments with your US bank account via Fedwire can take 1 business day.
ACH TRANSFERS
The Automated Clearing House (ACH) is an electronic funds transfer system that facilitates payments in the US. It is the local/domestic payment network used by banks within the US.
Receiving payments via ACH has a 0.8% fee with a minimum of 2 USD and a maximum of 10 USD.
To receive payments via ACH, use the ACH routing number.
WIRE TRANSFERS
Wire transfers are a secure and efficient method to send or receive money domestically.
Receiving payments via Fedwire has a flat fee of $20
To receive payments via Wire, use the WIRE routing number.
You can find the full deposit fees for USD here.
We do not support receiving payments for CRYPTOCURRENCY, P2P, BETTING, and FOREX TRADING purposes.
Suggested Articles