It sounds like what they are looking for is a bank that lets you filter/pre-approve who can do a wire/ACH transfer. AFAIK no banks do this today. Anyone can d

It sounds like what they are looking for is a bank that lets you filter/pre-approve who can do a wire/ACH transfer. AFAIK no banks do this today. Anyone can do an ACH transfer and you have to realize this happened, contact the bank and have them reverse the transaction. ACH/wire transfers do not have the same transfer limits/caps of credit card transfers. This is not the same as a credit card transaction. Many banks do offer some limits on credit card transactions and some fraud protection via 3rd parties and some also do virtual cards like you are describing with privacy.com. Citi has done this for a while, albeit a very antiquated bank to deal with.