In the US, wire transfers can incur fees for both sender and recipient. ACH is more often used by medium to large businesses transferring money from or to consu

In the US, wire transfers can incur fees for both sender and recipient. ACH is more often used by medium to large businesses transferring money from or to consumers, but the ergonomics are pretty bad for one-off person to person transfers, to the point that if you hire a plumber who owns their own business, they'll probably accept check, and sometimes accept credit cards. The US does have some electronic networks for instant, no-cost p2p payments. https://www.zellepay.com/ https://www.zellepay.com/ has a large number of participating major banks with some major exceptions. A lot of people use https://venmo.com/ https://venmo.com/ or https://cash.app/ https://cash.app/ which are not directly integrated with banks but then offer electronic transfer of funds to bank accounts.