Updates

You're all caught up!

Wire Transfers/ACH Push

By Victor Cardenas - Mar. 30, 2022

By Victor Cardenas

Mar. 30, 2022

If you need to transfer a large amount of money into your Slash account quickly, the best way is generally via Wire Transfer.

To initiate a Wire Transfer, visit your banking app. If you want to make sure that your funds are transferred into Slash same day, make sure to:

  • Initiate your transfer before your bank’s cutoff time.
  • Select same day service.

A Wire Transfer is the transfer of funds directly from one account to another. This transfer type is generally used for:

  1. Transfers that need to be completed urgently.
  2. Moving large amounts of money.

Wires typically cost $15-30 to complete.

Wire Example

If instant deposits have been disabled on your account or you are having trouble with Plaid, an ACH Push might be a viable option. These transfers are also initiated from your banking app.

Most banks don’t charge for these transfers, so this is the ideal form of transfer you want to use if you don’t need money in your Slash account immediately. ACH pushes typically take 2-3 business days to complete depending on what bank you use. For best results, we encourage you to initiate these transfers in the morning.

ACH Push Example