Global ACH Transfers

If you’re an admin user, and your business is not exempt from making online international transfers, you can find this option in your Payments and Transfers menu. Additionally, add permissions to your online banking user’s roles for others to access Global ACH Transfers, too.

No. You can only send Global ACH Transfers to the US. Single transfers can be made from both CAD and USD accounts.  Batch transfers can only be made from USD accounts for the time being Additional options continue to be added. 

ATB Business Clients with CAD and USD ATB Business accounts who have ATB Business Online banking.

No. The following organizations are prohibited from using Global ACH Transfers:

1. Shell Banks
2. Arms, Defence, Military
3. Atomic Power
4. Precious Metals and Stones
5. Unregulated Charities
6. Red Light Business or Adult Entertainment
7. Virtual / Digital Currencies (Crypto)
8. Marijuana Industry
9. Online Gambling

Currently, single transfers to the US from an ATB CAD or USD account and batch transfers to the US from an ATB USD account. Transfers to other countries will be added in time. Single transfers are a default service that will be accessible to all ATB business clients (except prohibited industries) on ATB Business Online banking.

Global ACH Transfers Single is a default service and is available to all ATB Business online clients. Global ACH Transfers Batch is an enrolled service, please contact your Relationship Manager for set up. 

Yes, for there is a $150 fee for enrollment for the first account, and $50 for each subsequent account.

No. At the moment you can only send to the US. However, we’re working hard to add the ability to send to over 10 international countries. Check back here to see when it’s available.

Because Global ACH Transfers is a B2P (Business to Person) or B2B (Business to Business) service, you can send single and/or batch payments to your employees, vendors, and other businesses.

Yes, You have the ability to simultaneously process multiple cross-border payments in a single batch file to the US. Try this convenient User Guide to learn how. 

Future-dated Global ACH Transfer is designed for USD to USD (same currency) transactions and can be scheduled up to 60 days in advance. Future-dated Global ACH Transfers are not available on test transfers.

Yes, the recipient information can be saved on ATB Business Online for future use. This information can also be edited in the future. We recommend that a free test transfer is sent to a new recipient, and confirming directly with the new recipient that the funds were received.

Yes. You have a limited window (up to 90 minutes after submitting the payment post all approvals) on ATB Business Online to cancel the Global ACH Transfer including test transfers to receive a full refund, excluding fees. There is no charge for cancellations done on ATB Business online. 

You are responsible to enter accurate recipient information, as well as be on the lookout for fraud and scams. We will attempt to recover funds, but there is no guarantee. Refer to the “How to Send Global ACH Transfer Tutorial Guide” for more instructions on how to add a recipient, and in particular, ensure the correct ABA routing number is used. We recommend that a free test transfer is sent to a new recipient, and then confirmed directly with the new recipient to make sure that the funds were received.

No. The estimated time for a transfer to be completed is 1-3 business days.

Global ACH Transfers are more cost effective than some other payment methods. Single transfers are $5 each. Batch transfers are $12 each (for batches of up to 2,500 transactions).

Transactions could be subject to the following additional fees: over limit fees for using certain savings accounts and there is a $30 fee when a Global ACH Transfer is returned, a recall is attempted, or a trace request is submitted. Cancellations done by a team member will be $10 whereas self-service cancellations on ATB Business Online are free. 

The default maximum transaction limit is $25,000 and the default daily limit is also $25,000 for single Global ACH Transfers. To request an increase to default limits, reach out to your ATB Business Advisor or Relationship Manager.