You're able to send money to others using domestic ACH or domestic wires. We've listed the key details you need to know about each method below.
Payment/Transaction Type | Fees | Sent | Limit |
Domestic ACH | $0 | Within 1-2 business days | $10,000 per day. Maximum $300,000 per calendar month. |
Same-Day ACH* | 1.5% of the transaction (minimum fee $1, maximum fee $15) | Same business day when sent before 3:00pm EST; otherwise, next business day | $10,000 per day. Maximum $300,000 per calendar month. |
Domestic Wires | $20 | Same business day when sent before 3:30pm EST; otherwise, next business day | $200,000 per wire, per day. Maximum $300,000 per calendar month. |
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NorthOne is a financial technology company, and not a bank.
Banking services are provided by The Bancorp Bank; N.A., Member FDIC.
The NorthOne Mastercard® Small Business Debit Card is issued by The Bancorp Bank, pursuant to license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
*Same-Day ACH payments subject to fee. Timing of transfer depends on when the payment is scheduled. See the Deposit Account Agreement for cut-off times and more information.