ACH, RTGS and SWIFT are payment systems that facilitate the transfer of money from one bank to another.
ACH = Automated Clearing House
RTGS = Real Time Gross Settlement and
SWIFT =Society for Worldwide Financial Telecommunications
A thread
As I mentioned in my last tweet you can put a description in RTGS transactions but you can’t with ACH transactions.
They will also need the bank account of the bank that funds are being transferred to, the bank routing number and the currency you want the funds to arrive in.