You can pay third parties (such as contractors, vendors, partners, utilities, mortgage, or even tenants) in a number of ways with Baselane Banking:
Send an ACH
- Go to the Baselane Banking or Transfers & Payments tab
- Select the ‘Move Money’ button
- Select ‘Send Money’
- Follow the steps below to send the ACH payment:
- Select an existing recipient or add a new recipient
- This will bring you to ‘Recipient Details’, where you can either select 'ACH' from the Payment Methods drop-down menu for the existing recipient or add the ACH payment details for a new recipient
- Input the payment details for the ACH payment. After inputting the payment details, you'll have the option to select if you want this payment to be a one-time payment or a recurring payment
- You have the option to add bookkeeping details (category, a note or an attachment) to the payment
- Review the payment details and send it
Once submitted, the standard ACH payment should arrive in 3 business days: the status of this transfer is visible in the 'Activity' section of the Transfers & Payments tab.
Please note, that Baselane’s ACH cutoff time is currently 3:00 PM ET. Any ACH payment instructions received after 3:00 PM ET, on weekends, or on federal holidays will be processed the next business day. You can see the status of this payment in the 'Activity' section of the Transfers & Payments tab.
Please note that the fee for a same-day ACH is 1% of the total transaction amount (up to $15). [starting from Q1 2025]
Send a Wire payment
- Go to the Baselane Banking or Transfers & Payments tab
- Select the ‘Move Money’ button
- Select ‘Send Money’
- Follow the steps below to send the Wire payment:
- Select an existing recipient or add a new recipient
- This will bring you to ‘Recipient Details’, where you can either select 'Wire payment' from the Payment Methods drop-down menu for the existing recipient or add the Wire payment details for a new recipient
- Input the payment details for the Wire payment. After inputting the payment details, you'll have the option to select if you want this payment to be a one-time payment or a recurring payment
- You have the option to add a message to the recipient or bookkeeping details (category, a note or an attachment) to the payment
- Review the payment details and send it
Currently, the processing times for wire transfers are 10 AM ET, 1 PM ET and 6 PM ET. Any domestic wire instructions received after 6 ET, on weekends, or on federal holidays will be processed the next business day. You can see the status of this payment in the 'Activity' section of the Transfers & Payments tab.
The current Wire payment limits for individual Baselane Banking accounts are a $250k daily limit and a $500k monthly limit. If you want to submit a Wire transfer that exceeds these limits, please reach out to Baselane Support at support@baselane.com, from Mon-Fri 8 AM - 8 PM EST. Call us at +1 (888) 586-1618 from Mon-Fri 9 AM - 4 PM EST.
Please note that the fee for an outbound wire is $15 per wire (starting from Q1 2025).
Inbound wires are free. However, please note that the sending bank may charge you a fee for sending an outbound wire.
Mail a check
- Go to the Baselane Banking or Transfers & Payments tab
- Select the ‘Move Money’ button
- Select ‘Send Money’
- Follow the steps below to send check payment:
- Select an existing recipient or add a new recipient
- This will bring you to ‘Recipient Details’, where you can either select 'Check' from the Payment Methods drop-down menu for the existing recipient or add the beneficiary details for a new recipient
- Input the payment details for the Check payment. After inputting the payment details, you'll have the option to select if you want this payment to be a one-time payment or a recurring payment
- You have the option to add a memo (a short message to be printed on the check. This is typically the purpose of the check) or bookkeeping details (category, a note or an attachment) to the payment
- Review the payment details and send it
Note: When filling out the 'Recipient Name' field, there is a 40-character limit and anything longer than this limit will not allow you to send the check.
Important information:
- You must have an active Baselane Banking account to use the 'Mail a Check' feature
- There is a $2 fee for each check you send via our Check Writing service
- The amount you can send via check must adhere to the standard and higher account limits. Please see the Deposit Limits in this article
- Checks submitted from Baselane before 12:00 PM ET will be processed on the same day. Any check mailing instructions received after 12:00 PM ET, on weekends, or on federal bank holidays will be processed the next business day
- Delivery Time: It takes 5-8 business days for the check to be delivered
Connect to a digital wallet (such as Venmo, PayPal, or CashApp)
- Connect your Baselane Banking account to the digital wallet: you can see detailed instructions for each digital wallet here
- Via the interface of the digital wallet, add your 3rd party as a recipient and initiate the payment. This will show up in your Baselane Banking account under 'Transactions'
Using your Baselane Banking Debit Card
If the 3rd party accepts card payments, you can use your Baselane Banking debit card in-person or online to make payment.
Will my third party be notified of the incoming payment by Baselane?
If you are sending a payment to a third party via Baselane Banking, they will only receive an email notification from Baselane, if you add the recipient's email when adding the recipient. See here, for more details on adding and managing third party recipients.
If the above methods are still not sufficient for you (e.g., if you require sending a check), please reach out to us at support@baselane.com, from Mon-Fri 8 AM - 8 PM EST. Call us at +1 (888) 586-1618 from Mon-Fri 9 AM - 4 PM EST.
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