ACH Transaction Fees: Everything You Need to Know!

 As a business owner, you may be wondering what ACH transaction fees are and how they work. After all, accepting payments is an important part of running a business!


ACH transaction fees are typically charged by the bank or credit union that processes the payment. These fees cover the cost of processing the transaction and can vary depending on the institution.


To get a better understanding of how these fees work, let's take a closer look at what they cover and how they're calculated.

What Do ACH Transaction Fees Cover?

ACH transaction fees typically cover the cost of:

  • Processing the transaction

  • Sending the funds to the receiving bank

  • Depositing the funds into the recipient's account

How Are ACH Transaction Fees Calculated?

ACH transaction fees are typically a percentage of the total transaction amount, plus a flat fee. For example, a common fee structure is $0.30 per transaction, plus a percentage of the total transaction amount.


The exact fee will vary depending on the bank or credit union processing the payment. Some institutions may also offer discounts for volume, so it's always worth asking about!

What Are the Benefits of Accepting ACH Payments?

There are several benefits of accepting ACH payments, including:

  • Reduced processing costs - ACH transactions typically have lower processing fees than credit card payments.

  • Faster payments - ACH payments are typically processed within one to two business days, which is much faster than most check deposits.

  • Increased security - ACH payments are made through the Automated Clearing House network, which is a secure and reliable way to send and receive payments.

  • Automated billing - You can set up automatic recurring payments for customers who make regular purchases from your business. This can save you time and money on billing and collections.


If you're looking for a low-cost way to accept payments, ACH may be a good option for your business. Be sure to compare fees and terms from different banks and credit unions to find the best deal.


Do you have any questions about ACH transaction fees? Let us know in the comments below!

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