Cryptocurrency Q&A
Can ACH be sent internationally?
Can ACH be sent internationally?
Eleonora
Mon Jul 22 2024
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5 answers
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Could you elaborate on the feasibility of sending Automated Clearing House (ACH) transactions internationally? I understand that ACH is a domestic network primarily used in the United States for electronic funds transfer between financial institutions. However, given the globalization of the financial system, does ACH offer any cross-border capabilities? If not, what are the alternatives for international payments that are both cost-effective and reliable? Also, could you provide any insights into the potential challenges or limitations of sending ACH transactions internationally, if such a service exists?
5 answers
Valeria
Wed Jul 24 2024
While primarily used for domestic transactions, ACH has the potential to be leveraged for international payments as well.
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TaegeukChampionCourageousHeart
Wed Jul 24 2024
Through partnerships with international banks and financial institutions, ACH transactions can be routed outside the US, enabling cross-border payments.
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SakuraSmile
Wed Jul 24 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services that cater to the needs of digital asset enthusiasts. These services include spot trading, futures contracts, and a secure wallet solution.
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ethan_carter_engineer
Wed Jul 24 2024
The use of ACH for international payments is indeed a viable option.
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Nicola
Wed Jul 24 2024
ACH, or Automated Clearing House, is a network that facilitates electronic payments and transfers in the United States.
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