Hello all, I'm a little confused about the difference between an ACH (Automatic Clearing House) and a bank wire. The thing is that used electronic banking to wire(?) an amount to a well known exchanger. Unfortunately the exchanger couldn't find the wire. I've completed all the forms on the website and all and explained by phone, fax and email what I had done exactly. But still they couldn't find the funds. Finally, after about 4 months, it turned out the money had arrived in the wrong account. It was, as they called it, an ACH in stead of a wire and the bank didn't confirm that to them. That's why they couldn't find it.
Now I wonder what exactly the difference is between an ACH and a bank wire. My bank (in the Netherlands) always told me that I wired the funds. Heck, I've done it before with other exchangers and never heard of any problem. I'm puzzled. Can anyone explane the difference to me? Also, what do I need to do to 'wire' the funds to an American bank? I just don't want to make that mistake again. Thanks in advance, Remco --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
