Apple Payments: ACH or Wire Transfers

Anne256

macrumors newbie
Original poster
Apr 23, 2015
8
0
Hello,

Do you know if Apple uses ACH or wire transfers to make payments to USA developers?

Thank you very much for your help and your time.
 

dejo

Moderator
Staff member
Sep 2, 2004
15,981
450
The Centennial State
From the iTunes Connect FAQ on Payments and Financial Reports:

How are payments made?
All payments are made by Electronic Funds Transfer. When available, payments are sent by low value ACH, as opposed to high value wire transfer.

Apple's bank will consolidate payments for different financial reports when possible, generally resulting in a single payment for all earnings each month the requirements for being paid have been met.

The payment method used (Wire/ACH) is displayed at the bottom of the presentation of payments on the Payments page.