EFT

1.1 Electronic Fund Transfer (EFT) refers to the transfer of funds via electronic channels and allows intra-bank and inter-bank transfers in a time-saving and cost-effective manner.

1.2 With it, you can send money from the managed Sub Account to the Vendor's external Bank through ACH.

Bank Wire

1.1 Bank wire refers to the electronic funds transfer between banks domestically. On the Acceleration Cloud platform, you can send money from the managed Sub Account to the Vendor's external Bank through bank wire.

International Wire

1.1 An international wire transfer (also known as an "international bank wire") is a type of bank transfer that delivers funds from a bank account in one country to a recipient bank account in another country via SWIFT.

1.2 On the Acceleration Cloud platform, you can send money from the managed Sub Account to the Vendor’s external Bank through international wire.

Check

1.1 For some payments that are paid in check, the payee shall print the electronic check received, scan it and then deposit it to his own account.