If you are looking to transfer funds electronically, ACH (Automated Clearing House) transfers offer a reliable and secure option. Slash offers an easy way to send ACH transfers to other bank accounts in just a few simple steps.
This guide will walk you through the process of sending ACH transfers using Slash, from setting up contacts to completing your transfer. Whether you are sending payments to vendors or paying your employees, Slash can help streamline your payment process.
Create a Contact
To send an ACH transfer you will first need to create the recipient as a contact.
To create a contact:
Click Move Money then Send Money
Choose Add Contact
Enter the name, routing number and account number of your recipient
The routing number will be validated, and the name of the receiving bank will appear on the screen
Click Save Contact
Send an ACH
Click Move Money then Send Money
Select your recipient from the contacts list
Key in the amount to transfer, and add an optional memo
Select the account to transfer from (business or personal)
Click Transfer
The funds will be taken from your Slash account right away, and land in the receiving account in 3-5 business days.