Learn How You Can Donate To For The Love Of Alex Inc. by ACH and Save Money
Many of our donors cover the processing fees for their donation. On larger donations the processing fee can be quite substantial. As you can see in the example below, a $1,000.00 donation by Credit Card has a $38.73 processing fee, compared to an ACH donation for the same amount that has a $20.30 processing fee.
Even a higher donation of $5,000.00 by Credit Card yields a processing fee of $192.42 compared to ACH processing fee of $30.00.
Please consider donating by ACH bank transfer and you can save money!
$1,000 Donation By Credit Card
$1,000 Donation By ACH
Some ACH Frequently Asked Questions
What is an ACH transfer?
An Automated Clearing House (ACH) transfer is a payment method used by both businesses and individuals. It allows you to move money between accounts at different banks.
Are ACH Transfers Secure?
ACH transfers are extremely secure. Financial institutions, including banks where you have accounts, are required to undergo regular audits for security. The Consumer Financial Protection Bureau is responsible for overseeing the laws and regulations that govern ACH transfers.
Unlike wire transfers, which pass through several different third party companies before making their way to the recipient's bank account, an ACH transfer only passes through your bank's servers. This is a more secure process. You don't have to worry about unauthorized access at any point in the transfer process.
How Long Do ACH Transfers Take?
ACH transfers are often completed in one business day. They can take up to 3 days depending on the day of the week the transfer was initiated and how that aligns with non-operational days like holidays or how long it takes the financial institution to process the transaction.