title = "Treasury Management: ACH and Wire Transfer Protocols"

content = """
Treasury management services optimize a company's liquidity and streamline its
payment processes. Automated Clearing House (ACH) and Wire Transfers are the two
primary methods for electronic funds transfer (EFT).

**ACH (Automated Clearing House):**
- **Characteristics:** Batch-processed, typically takes 1-2 business days for
  settlement (Same-Day ACH is an option for certain transactions).
- **Use Cases:** Payroll, recurring vendor payments, and consumer collections.
- **Cost:** Significantly lower than wire transfers.

**Wire Transfers:**
- **Characteristics:** Real-time, gross settlement. Funds are typically available
  to the recipient within minutes.
- **Use Cases:** Large real estate closings, international payments, and
  time-sensitive corporate acquisitions.
- **Cost:** Higher fee per transaction due to the immediate finality and speed.

**Risk Management:**
Both methods require strict internal controls. Silver Oak Bank recommends 'Dual
Control' for all electronic payments, where one employee initiates the
transaction and a second employee approves it. This prevents both internal fraud
and errors.
"""

version = "0.0.1"
