2min chapter

Bankless cover image

93 - Crypto Payments and the DeFi Mullet | Visa's Cuy Sheffield and Anchorage's Diogo Mónica

Bankless

CHAPTER

A C H Transfer Payment - What's Going on Behind the Scenes?

i was trying to actually get funds from one bank account that we have, by the way, you know, banklas does have a bank account. Unfortunately, said the quiet tartloud, we'd really wish, ok. So i transferred the funds as an a c h payment on sunday, ok. It took until to day for the bank to actually receive those funds the other bank on the other side. And it must have been because of that bank or holiday. But what was going on, this is an a ch transfer payment, so what's going on behind the scenes as a lot of networks are talking to one another. Ultimately, this a c h transfer payment,

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