Wire Transfers: Everything You Need to Know Before Sending Money

by Cheqly team | | Wire Transfer

Wire transfers mean sending money across a network electronically that is controlled by banks and transfer service providers all over the world. The term “wire transfer” has been around for a while. Interestingly, the first money transfers in history were made between Boston, New York, and Chicago in 1871. This was possible because of the … Continued

ACH vs Wire Transfers: Understanding the Key Differences

by Cheqly team | | ACH Transfer , Wire Transfer

Nowadays, customers have wide options for choosing which source to use to pay the bills. The new age of technology has made sending money from one account to another electronically convenient and affordable. The two ways to transfer your cash are through Automated Clearing Houses (ACH) and Wire Transfers. If you compare, the ACH is … Continued

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