Zil Money | ACH | Knowledge Base

ACH
Can you get paid immediately after an ACH payment is made?
No, ACH payments take 4-6 business days to be processed, but you can speed up the process using a security deposit.
Is same-day ACH available from bank accounts?
No, same-day ACH is only available via wallet or credit card. Bank accounts require fund withdrawal first, which can delay payment.
Can Zil Money facilitate ACH debits from end-user bank accounts?
Yes. When initiating an ACH debit, Zil Money sends a digital authorization form to the user. Once signed, this one-time authorization allows future debits without repeating the process.
How does the ACH payment process work?
The company must add and verify its bank account, enable ACH, and select the "Pay from US bank account" and "Pay as ACH" options. Payments can be sent to existing employees or new ones. Funds are collected from the company's account and deposited ...

ACH