Can I Pay Via Local Bank Transfer?

Here's a summary of the differences between ACH, Wire transfers, Fedwire and Paypal

Joyce

Last Update 5 maanden geleden

Yes, we have established local bank collection accounts in multiple countries, especially suited for B2B customers. For orders totaling more than $800, you have the option to make direct payments through your local bank.


Order Total Over $800:

If your order total exceeds $800, you have the option to make direct payments through your local bank. This choice empowers you to enjoy minimal to zero transaction fees compared to PayPal.


To offer you flexibility in making payments, we have two convenient bank account options available:


● Type A: This option is tailored to support ACH transfers, which are typically slower but often come with no or minimal fees.

● Type B: If you prefer a faster method, Type B is the way to go. It supports WIRE and FEDWIRE transfers, allowing for swift transaction processing.


Choose the bank account type that aligns with your payment preferences and time constraints. Whether you prioritize speed or cost-effectiveness, we've got you covered.


Payment Options: 

Bank Payment:


● Visit any bank in your area.

● Provide the necessary payment details.

● Deposit the funds into our specified bank account.


Online Banking Payment:


● If you have online banking set up, you can directly transfer the funds to our bank account.

● This can be done through your mobile device using online banking.


Payment Details: 
Here's what you'll need to complete a successful transfer: 

1. Recipient Details: 

    Gather our recipient's name, account, and routing number.


2. Bank Account Options: 


   Choose between Type A and Type B based on your needs.

   Type A: Supports ACH transfers.

   Type B: Supports WIRE & FEDWIRE transfers.


3. Step 4: Choose Transfer Method: 


   Select the transfer method that suits you best

   ACH (Automated Clearing House): It's slower but often free.

   Wire Transfer: Faster but may come with fees.

   Fedwire: Another swift option to consider.


4. Initiate the Transfer:

Using your bank's website or mobile app, begin the transfer process. Fill in the recipient's information and the amount.


5. Wait for Completion:

ACH transfers typically take 2-5 business days.

Wire transfers can be completed on the same day.


Notify Us

After the payment is successfully processed, kindly send us the payment bank slip promptly for credit verification. Once we confirm the payment, we'll initiate the order processing immediately.


Important Considerations:

Fees: Fees can vary based on your bank, so it's advisable to consult with your bank regarding specific charges. This way, you can factor in your payment needs and time constraints.


Limits: Some banks may have limits on the maximum amount you can transfer in a single transaction or within a specific timeframe.


Payment Details: When filling out the payment information, please double-check all bank account details, including the account number and bank name.


For Urgent Orders:

If your order is time-sensitive, we recommend prioritizing Wire Transfer or Fedwire. Alternatively, you can opt for ACH payment in advance and provide us with the bank receipt for confirmation. Once the funds are received, we will expedite your order.


We're dedicated to providing you with convenient payment options and efficient order processing. If you have any questions or require further assistance, please don't hesitate to reach out to us. Your satisfaction is our priority.

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