Access instant ACH money transfers in the secure ACH network for fast money sending all day and all night.
Compliance is essential. Sila assists with some of the requirements such as OFAC and SARS reporting.
Since end-users are pre-approved for iACH, business owners reduce the chance of fraud and strengthen your network.
With easy integrations and your Fintech Marketplace, add iACH quickly and stay competitive in a matter of weeks.
Instant ACH is only applicable to the /issue_sila endpoint, it is not available for /redeem_sila.
The default limit is $500. If you require a higher limit your account manager can handle that request or email firstname.lastname@example.org
Yes. Instant ACH requires you to use Sila’s full KYC and account linking via Plaid Processor Token.
We strive to keep ACH transfers through Sila affordable. See our full ACH transfer pricing schedule.
The fastest possible transfer time would be the same day if the issue, transfer, and redeem API calls all occur before the same day ACH cutoff of 9:30am PST.
Instant ACH has additional program requirements and limitations over Standard ACH and Same Day ACH.
Linked bank account and Plaid:
If you require a higher limit your account manager can handle that request or email email@example.com.
Through secure API connections, the Sila payment API for ACH transfers helps move funds through the Automated Clearing House (ACH) network, enabling affordable, efficient, and secure money transfers in American markets.
Instant ACH is a Sila API (Beta) feature that allows funds to be made instantly available in an end user's wallet before receiving funds from the ACH debit.
End-users will need to complete registration, including enhanced anti-fraud verification and confirmation of the device via SMS messaging.
Approved end users have access to Instant ACH and the /issue_sila endpoint. Sila will run a real-time risk assessment on the ACH debit transaction and determine if it is eligible for instant issuance. Sila sends an SMS confirmation for the transaction, and once the end-user confirms the message, Sila tokens are instantly issued and available for transfer/redemption.