Some speculate that the banks make too much $$$ on ACH to move away, but take BoK as example, they did not lower the charges to customers, instead they took the money saved through MYEC & pad their bottom line.
I think it's much more advantageous to save 50%+ per transaction, than focus on the couple of points off the top they make via ACH
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.