What types of Payments can I make?
Kat avatar
Written by Kat
Updated this week

At NorthOne, we understand that one payment type does not suit all businesses, so we’ve worked to offer a variety of payment options to fit your varied needs. To explore the different options and determine which is best for you, check out the list below:

Payment Type

Fee

Timeline

Limit

Standard ACH Transfer

$0

1-3 business days to arrive

$50,000 per day, maximum $1,500,000 per calendar month

Same-Day ACH Transfer*

1.5% of the transaction (minimum $1 fee, maximum $15 fee)

$0 fee for NorthOne Plus customers

Same business day when sent before 3:00pm ET, next business day if sent after

$50,000 per day, maximum $1,500,000 per calendar month

ACH Debits by a third party (Preauthorized Transfers)

$0

Same or next business day depending on the initiating institution

No monthly or daily limit

Sending a Domestic Wire

$20

$15 for NorthOne Plus customers

Same business day when sent prior to 3:30pm ET, next business day if sent after

$200,00 per wire, per day, maximum $6,000,000 per calendar month

Physical Check

$1

$0 fee for NorthOne Plus customers

3-9 business days to arrive

No monthly or daily limit

Card Transaction

$0

Instant

$5,000 per 24-hour period**

Thinking about upgrading to NorthOne plus? Click here for more info!

You can also schedule a payment in advance using NorthOne Bill Pay. For more information, click here. For instructions on how to send these and other types of payments from your NorthOne account, check out our Deposits and Transfers page.

Please note that ACH and wire transfers, as well as physical checks, are domestic only. We do not support international transfers at this time.

*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.

**These are the general limits allowed for transactions; however, we may allow you to transact higher volumes than these limits, and we may also lower your limits, in our sole discretion. Please contact us via email at [email protected] or in-app for further information about account limits.

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, N.A, Member FDIC, pursuant to license by Mastercard International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Card may be used everywhere Mastercard is accepted.

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