ACH has always been next day. It was processed at night, so the funds were available the next day. In 2016 it became same day. It is processed four times a day, so is available four times a day.
If your bank is locking up the funds for 3-5 days, that's their decision and has nothing to do with the US banking infrastructure.
My bank processes all transfers same day.
You should take advantage of the many alternatives and switch.
If your bank is locking up the funds for 3-5 days, that's their decision and has nothing to do with the US banking infrastructure.
My bank processes all transfers same day.
You should take advantage of the many alternatives and switch.