External Transfers (A2A) supports two funding models.  Good Funds model is available for outgoing A2A transactions and incoming A2A follow the traditional ACH model and are NOT Good Funds or Pre-Funded through Payrailz’ ACH process.  

 

This service is for individual end-users and business users. External Transfers is an easy, seamless experience to help quickly move money to and from accounts held by the user at different financial institutions.

 

External accounts are authenticated through a third party, NACHA preferred partnership.  Account authentication can happen in real-time, or through a micro-deposit process.  Micro deposits can be processed through Same Day ACH and in an automated fashion or require users to manually validate the micro deposits.  Authentication methods depend on the financial institution account being linked.