Bitcoin Forum

Economy => Economics => Topic started by: bitconan on May 16, 2014, 10:26:45 AM



Title: Does Anyone Know Any Banks in Europe, Canada, or Mexico with ACH Capability?
Post by: bitconan on May 16, 2014, 10:26:45 AM
Does Anyone Know Any Banks in Europe, Canada, or Mexico with ACH Capability?

Background: I'm not a US Citizen and need to open an account to pay people in USA via ACH for mass payment.
Needed for my BTC business.

Thanks.


Title: Re: Does Anyone Know Any Banks in Europe, Canada, or Mexico with ACH Capability?
Post by: AtomTom on May 16, 2014, 10:28:31 AM
What is ACH ? since my google apparently don't like this short:P


Title: Re: Does Anyone Know Any Banks in Europe, Canada, or Mexico with ACH Capability?
Post by: Pepin on May 16, 2014, 04:19:48 PM
ACH is just the money transfer system in the US. It doesn't matter how you wire the money, if the bank account is at a US bank, the last stage of the transfer will always be an ACH payment.

For the lowest fees, open an account at a bank that has a US branch (the bank itself can be from the US or not).