ACH (Automatic Clearing House) transfers push money from one bank account to another, and it can go two ways. An ACH transfer can send money to an account and it can pull money out of an account.

A wire transfer sends funds from one account to another, but it is always a one-way transaction. It cannot be reversed.

Real estate closing attorneys will sometimes hold earnest money on a residential purchase. The earnest money must clear and be god funds before closing.

As recent grads enter the workforce and consider home ownership, real estate agents who work with them will want to be sure these buyers know they can’t put down earnest money with Apple Pay.

Real estate agents want to know a closing attorney who understands the digital banking landscape and can provide buyers with easy instructions for appropriate methods for the transfer of funds.