Old Glory Bank ACH Transfer Limits

In this guide, we'll break down everything you need to know about Old Glory Bank's ACH transfer limits - including their specific daily and monthly thresholds for business accounts, fee structures, and what options exist when you need higher payment capacity. We'll also explore Nickel, a B2B payment platform designed for large invoice-based payments with free ACH transfers up to $1 million per transaction, as an alternative for businesses requiring more robust payment capabilities.

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Old Glory Bank's Current ACH Transfer Limits

Old Glory Bank offers ACH services to small businesses with clear, published limits that provide transparency for payment planning. According to their business services documentation, Old Glory Bank extends ACH services to businesses with limits of up to $10,000 per day or $50,000 per month. These limits apply to both ACH credits and debits, giving businesses predictable capacity for vendor payments, payroll processing, and customer collections.

The bank's approach to ACH services reflects their focus on small to medium-sized businesses seeking alternatives to traditional banking. Unlike many banks that customize limits based on individual relationships, Old Glory Bank provides standardized thresholds that businesses can plan around from day one. This transparency aligns with their broader mission of providing straightforward banking services to American businesses.

For businesses requiring ACH capabilities, Old Glory Bank requires an application process. Once approved, businesses gain access to full ACH functionality including single transactions and batch file processing. The bank offers unlimited ACH transactions for a flat monthly fee ranging from $15 to $25, depending on your business account type, making cost planning predictable for businesses with regular payment needs.

How Old Glory Bank Compares to Other Banks

Old Glory Bank vs Major Competitors:

Limits vary based on account type and customer relationship at other banks

Old Glory Bank's $10,000 daily limit places them in the middle range among financial institutions. While not as high as SoFi's potential $100,000 daily capacity, Old Glory Bank offers double the typical Wells Fargo limit and matches Chase's lower tier. The key differentiator is Old Glory Bank's transparent monthly limit of $50,000, which many competitors don't publicly disclose.

The fee structure sets Old Glory Bank apart from competitors offering free ACH. However, their unlimited monthly plans at $15-$25 can be cost-effective for businesses processing multiple transactions, especially compared to per-transaction fees at some institutions. For businesses processing 20 or more ACH transactions monthly, the unlimited plan provides predictable costs.

Daily ACH Transfer Limits Explained

Old Glory Bank's $10,000 daily ACH limit applies to all business accounts approved for ACH services. This limit encompasses both incoming and outgoing ACH transactions, providing businesses with clear boundaries for daily payment operations. The daily limit resets each business day, allowing consistent payment capacity throughout the month.

For many small businesses, the $10,000 daily limit accommodates typical operational needs like paying suppliers, processing payroll for small teams, or collecting customer payments. A business could process a $9,000 vendor payment and still have capacity for smaller transactions the same day, or spread larger payments across multiple days to stay within limits.

The standardized limit approach means businesses know exactly what capacity they'll have from account opening, rather than negotiating or wondering about individualized limits. This predictability helps with cash flow planning and ensures businesses can commit to payment schedules with confidence.

Monthly Transfer Limits

Old Glory Bank's $50,000 monthly ACH limit provides substantial capacity for small business operations while maintaining risk management controls. This monthly cap works in conjunction with the daily limit, meaning businesses can process up to $10,000 per day but cannot exceed $50,000 total in any calendar month.

This structure accommodates various business payment patterns. A company could process five maximum daily transfers of $10,000 each to reach the monthly limit, or spread smaller transactions throughout the month. The monthly limit provides flexibility for businesses with irregular payment schedules or seasonal variations in transaction volume.

For businesses approaching the monthly limit, careful planning becomes essential. Prioritizing critical payments like payroll and essential vendor payments early in the month ensures these obligations are met before reaching capacity constraints. The transparent limit structure allows businesses to plan payment schedules accordingly.

Business ACH Services and Features

Old Glory Bank provides comprehensive ACH capabilities designed specifically for business needs. Their ACH services include both single transaction processing and batch file capabilities, accommodating businesses that need to process multiple payments simultaneously.

Key ACH Service Features:

• Single and Batch Processing - Handle individual payments or multiple transactions
• Payroll Support - Process employee payments efficiently
• Vendor Payments - Pay suppliers and service providers
• Customer Collections - Receive payments from clients via ACH debit
• Same-Day ACH - Available for $20 per occurrence when faster processing is needed
• Positive Pay Protection - Fraud prevention for ACH transactions

The bank's business accounts integrate ACH services with other cash management tools, providing a comprehensive platform for financial operations. Online dashboards allow monitoring of activity and balances, managing transfers, and maintaining control over payment workflows.

Fee Structure and Account Options

Old Glory Bank offers flexible pricing for ACH services, allowing businesses to choose between per-transaction or unlimited monthly plans:

ACH Pricing Options:

• Per Transaction: Starting at $1 per ACH transaction
• Unlimited Plans: $15-$25 monthly for unlimited ACH transactions
• Same-Day ACH: $20 per occurrence

The pricing varies by business account type:

• Liberty Business Checking: $1 per ACH or $25/month unlimited (single file only)
• Liberty Business Growth: Unlimited ACH (single and batch) for $20/month
• Liberty Premium Business: Unlimited ACH (single and batch) for $15/month

This tiered structure allows businesses to select the account and fee arrangement that best matches their transaction volume and complexity. High-volume businesses benefit from the unlimited plans, while occasional users can opt for per-transaction pricing.

Processing Times and Same-Day Options

Old Glory Bank follows standard ACH processing timelines with the option for expedited same-day service when needed. Standard ACH transactions typically process within 1-3 business days, following NACHA operating rules and settlement windows.

For businesses requiring faster payment processing, Old Glory Bank offers same-day ACH services for a $20 fee per occurrence. This option enables critical payments to settle the same business day when initiated before cutoff times, providing flexibility for urgent vendor payments or time-sensitive transactions.

The bank processes ACH files submitted through their online banking platform, with specific cutoff times for same-day processing. While exact cutoff times aren't specified in their public documentation, businesses should contact Old Glory Bank's customer service at 888-446-5345 for detailed timing information.

Security and Fraud Prevention

Old Glory Bank emphasizes security for business ACH transactions through their Positive Pay service. This fraud protection tool compares incoming transactions against your list of authorized recipients and amounts, flagging any activity outside established parameters for review.

With Positive Pay, businesses can proactively approve transactions as they're presented for payment, protecting against fraudulent transactions before they occur. Automated verifications and real-time alerts of discrepancies save time and reduce the risk of human error in payment processing.

This security-first approach aligns with Old Glory Bank's broader commitment to protecting customer privacy and financial security. The combination of transaction limits, Positive Pay protection, and account monitoring creates multiple layers of defense against unauthorized ACH activity.

Account Setup and Requirements

To access ACH services at Old Glory Bank, businesses must first open a business account and then apply for ACH capabilities. The process begins by submitting a business account request through their website. Within 2-3 business days, a dedicated business banker contacts applicants to guide them through remaining steps.

Once your business account is established, you can apply for ACH services with the $10,000 daily and $50,000 monthly limits. The application process includes providing business documentation and potentially demonstrating the need for ACH capabilities. Old Glory Bank's business banking team provides personalized attention throughout the setup process.

Business accounts gain access to online banking platforms with dashboards for monitoring transactions, managing users, and controlling payment workflows. The platform integrates with QuickBooks and Quicken, streamlining accounting processes for businesses already using these tools.

When Old Glory Bank's Limits Aren't Enough

While Old Glory Bank's $10,000 daily and $50,000 monthly ACH limits work well for many small businesses, companies with larger payment needs may find these thresholds restrictive. Businesses processing substantial vendor payments, larger payrolls, or high-volume customer collections might regularly exceed these limits.

Nickel offers unlimited free ACH transfers with single transaction limits up to $1 million, specifically designed for businesses that process large invoice-based payments. Unlike Old Glory Bank's $50,000 monthly cap, Nickel provides the capacity needed for businesses with substantial B2B payment requirements without monthly restrictions.

For companies that value transparent limits but need higher capacity, exploring ACH alternatives designed for larger B2B operations can eliminate the constraints while maintaining the predictability businesses need for payment planning.

Old Glory Pay Alternative

In addition to traditional ACH services, Old Glory Bank offers Old Glory Pay, their proprietary payment platform. Personal accounts can send or receive up to $5,000 per day through Old Glory Pay, while business accounts can send $20,000 per day and receive $50,000 per day. These limits reset daily at 7:00 AM Central Time.

Old Glory Pay provides an alternative payment method for businesses that might occasionally need capacity beyond standard ACH limits. However, this service operates separately from ACH transfers and may have different processing times and integration capabilities. Businesses should evaluate whether Old Glory Pay meets their specific payment workflow needs.

The Bottom Line

Old Glory Bank offers transparent ACH transfer services with clear limits of $10,000 daily and $50,000 monthly for approved business accounts. Their straightforward pricing structure, ranging from $1 per transaction to $15-$25 for unlimited monthly plans, provides predictable costs for small business operations. The addition of Positive Pay fraud protection and same-day ACH options creates a comprehensive payment solution for their target market.

However, businesses with substantial payment volumes or those processing large individual transactions may find the limits constraining. The $50,000 monthly cap could be reached quickly by growing companies, and the $10,000 daily limit might require splitting larger vendor payments across multiple days.

For businesses needing higher ACH capacity while maintaining transparent, predictable limits, specialized B2B payment platforms designed for large transaction volumes provide scalable alternatives that grow with your business needs.

Ready to eliminate transfer limits and fees? Get started with unlimited free ACH transfers →