All Collections
Invoicing & Getting Paid
Getting Paid
How can I receive bank transfers (ACH payments) through Bonsai?
How can I receive bank transfers (ACH payments) through Bonsai?

How bank transfers work on client invoices.

Updated over a week ago

Note: This is only available for 🇺🇸 customers based in the United States.

About bank transfers

Bank transfers, also known as ACH transfers, offer a payment method directly from the bank account of your clients. When compared to credit card payments online, bank transfers typically have lower fees, which makes them an ideal option for larger transactions.

Advantages & Considerations

  • Lower Fees: One of the key advantages of bank transfers is cost efficiency. The processing fees are generally lower than those incurred with card payments.

  • Timing: Keep in mind, bank transfers aren't the speediest—taking about 3-5 business days to process. Despite the wait, the savings on processing fees make this a go-to choice for budget-conscious users.

  • Getting Paid Made Easier: By offering a variety of payment methods, including bank transfers, you’re likely to get paid more promptly because clients appreciate the convenience.

How to activate bank transfers

Getting started with bank transfers is straightforward:

1. Navigate to your invoice and click "Edit" in the "Payments" section, found in the sidebar.

2. In the pop-up "Edit Payment Methods" window, you can toggle bank transfers on or off as per your preference.

What your clients will see

Once you’ve enabled Bank Transfer as a payment method:

  1. Clients will see a “Pay with Bank Transfer” option when they’re checking out your invoice.

  2. Upon selecting this method, they’ll be guided to link their bank account through Plaid, our secure banking authorization partner. Plaid is a familiar interface, used by various financial apps, so here’s a peek at what your clients will encounter:

  3. After a secure bank login and account connection, your clients just verify the invoice amount to initiate the transfer. And just like that, you're all set to receive your payment.

We hope this guide makes bank transfers a breeze for you. If you have any more questions, feel free to reach out to our support team!

Did this answer your question?