Funding a Payment (ACH vs Wire Transfer)

Overview

When you send a payment, you need to fund it using one of the available transfer methods. The method depends on your bank account location.

When You Would Use This

You have created a payment and need to fund it, or you are choosing between ACH and wire transfer.

How It Works

ACH

• Available for US bank accounts only.
• Selected automatically when you choose a US bank account as your payment method.
• Funds are debited from your bank account and processing begins immediately.

Wire Transfer

• Available as an alternative for US accounts and as the primary method for non-US bank accounts.
• When you confirm a wire-funded payment, LiquidTrust provides wire instructions with the bank details you need to complete the transfer from your bank.
• After sending the wire from your bank, return to LiquidTrust and click I've Sent the Wire to confirm.

Steps

Funding via ACH

1. During payment creation, select your US bank account as the payment method.
2. Confirm the payment. Funds will be debited automatically.

Funding via Wire Transfer

1. During payment creation, select wire transfer (or use a non-US bank account).
2. Confirm the payment.
3. Review the wire instructions provided (bank name, SWIFT/BIC, account number, etc.).
4. Send the wire from your bank using the provided details.
5. Return to LiquidTrust and click I've Sent the Wire to confirm.

What Happens Next

• ACH: The payment processes automatically. You will see the status update as it progresses.
• Wire: The payment status will show "Awaiting wire transfer" until the wire is received and confirmed.

Notes

• You can view wire instructions at any time from the transaction detail by clicking View Wire Instructions.
• Non-US bank accounts must use wire transfer for funding.
• Wire transfer is also available as a backup option for US accounts under "Other ways to fund."

Related Articles

• Payment Processing Times
• Creating a Simple Pay
• Creating a Protected Pay