ACH Payment
Automated Clearing House — a US electronic payment network used for domestic bank transfers. A low-cost way for US clients to pay Indian freelancers.
What is ACH?
ACH stands for Automated Clearing House, an electronic payment network in the United States that processes bank-to-bank transfers. It's how most US businesses pay vendors, contractors, and employees domestically.
ACH vs Wire Transfer
| Feature | ACH | Wire Transfer |
|---|---|---|
| Speed | 1-3 business days | Same day or next day |
| Cost to sender | $0-3 | $25-50 |
| Reversible | Yes (within limits) | No |
| Best for | Regular payments | Urgent/large payments |
Why It Matters for Indian Freelancers
When your US client pays via ACH, the money first reaches a US bank account. From there, it needs to be converted to INR and sent to your Indian bank. This is where services like FaiirPe come in — accepting ACH payments from your client and handling the cross-border transfer with zero FX markup from FaiirPe.
ACH is preferred because it's free or nearly free for your client, making it easy for them to pay you without pushback on transfer fees.
Related Terms
- SWIFT Transfer — international wire transfer network
- Wire Transfer — general bank-to-bank transfer
Tired of losing money on every international payment?
FaiirPe charges a flat $19 per invoice with no FX markup. Get in touch for early access.
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