Looking for EMI or bank account accepting ACH

[cammerjack]

Hi:
Company that was paying to me for over 15 years, stopped using wire and SEPA, so the only way to get money now is by ACH. So, I am trying to find simple and cheap solution to get $ by ACH from USA company. Account has to be personal, in my name.
paxumbank won't do this even if they told on their site so that's not an option.
Thank you!

 

[SCHLOSSFINANZ]

yes but OP needs ACH bank account number in his own name... thats not possible with Currenxie

 

[ilke]

Oh well. I admit I was not aware that they do not assign to you your unique account number that money for you will be sent to; but it is managed via reference. (For many use cases, it is not a problem, so I have not heard complaints...) It means it behaves like a pooled account and everything other is clear, unfortunately. Sorry.

It's something like a combination with Zenus Bank.

When you send money locally there within the US, you send money to one pooled account number at JPMorgan Chase, but with yourself as the beneficiary info (name and address). When you receive money by SWIFT, you use the dedicated account number at Zenus.

Well, you can give a try to FV bank – better to ask them beforehand whether they give you the unique account number connected to the routing number. (It's possible.)

Yes, a good recommendation. Some PR banks have this option, but not all of them. It is dependent on their access to the Federal Reserve.

 

[Clearsky Network]

Hi:
Company that was paying to me for over 15 years, stopped using wire and SEPA, so the only way to get money now is by ACH. So, I am trying to find simple and cheap solution to get $ by ACH from USA company. Account has to be personal, in my name.
paxumbank won't do this even if they told on their site so that's not an option.
Thank you!

Try https://www.bankdib.com/, they support ACH and international clients. Not too cheap though

Hi:
Company that was paying to me for over 15 years, stopped using wire and SEPA, so the only way to get money now is by ACH. So, I am trying to find simple and cheap solution to get $ by ACH from USA company. Account has to be personal, in my name.
paxumbank won't do this even if they told on their site so that's not an option.
Thank you!

Also try Payoneer, very good and cheap

 

[Forester]

Currenxie, no minimum balance and very low fees.

yes but OP needs ACH bank account number in his own name... thats not possible with Currenxie

Currenxie gives you ACH bank account number in your name, with CFSB (at least as far as I have witnessed); BUT they open only business accounts, not personal ones. @cammerjack needs a personal account. (For business accounts, it is much easier.)

It's something like a combination with Zenus Bank.

When you send money locally there within the US, you send money to one pooled account number at JPMorgan Chase, but with yourself as the beneficiary info (name and address). When you receive money by SWIFT, you use the dedicated account number at Zenus.

Oh well. It explains more why people are not complaining, in many cases. Thanks for the clarification.

Try https://www.bankdib.com/, they support ACH and international clients. Not too cheap though

Yes, another Puerto Rican institution. Do you have some positive experience with them?

Also try Payoneer, very good and cheap

Not much cheap IMO; but it can be an option...

 

[Clearsky Network]

Currenxie gives you ACH bank account number in your name, with CFSB (at least as far as I have witnessed); BUT they open only business accounts, not personal ones. @cammerjack needs a personal account. (For business accounts, it is much easier.)



Oh well. It explains more why people are not complaining, in many cases. Thanks for the clarification.



Yes, another Puerto Rican institution. Do you have some positive experience with them?



Not much cheap IMO; but it can be an option...

Yes, have some clients that use

Currenxie gives you ACH bank account number in your name, with CFSB (at least as far as I have witnessed); BUT they open only business accounts, not personal ones. @cammerjack needs a personal account. (For business accounts, it is much easier.)



Oh well. It explains more why people are not complaining, in many cases. Thanks for the clarification.



Yes, another Puerto Rican institution. Do you have some positive experience with them?



Not much cheap IMO; but it can be an option...

Yes, we have a few clients with DIB account and it works fine. Minimum deposit for personal account is 5k.
Transaction fees are not low, but the customer support is very good.

 

[Clank]

You can use Zenus which is very cheap but you will need to put the account number in the payment description.

 

[drolive0]

Wise accepts ACH transfers. Xapo Bank has recently added (back) ACH transfers in your own name. As mentioned earlier, Payoneer, but with high fees.
Depending on your region, maybe (not 100 % sure about ACH): Utoppia, Grabrfi, Takenos and Wallbit.