What is the best way to transfer money between banks? [US]

Question

So this question is mainly directed to the day to day transactions between accounts of different banks. More specifically I would like to know what (if any) 3rd party you use such as (pay-pal) to transfer money between banks. Since I do all my money management online and the bank is inconvenient, I'd like to know what other options there are to transfer money between accounts of different banks. Wells Fargo doesn't offer the option to transfer to another account.

I know BOA allows for that, but I'd rather not get another bank account. Thanks for your inputs!

Answer 1

Not sure I understand your question correctly, but you could use ACH to transfer funds between banks without a fee (most banks don't charge, the big ones might, for outgoing). The downside of course is that an ACH takes 2 to 5 days depending on both the originating and receiving banks.

A wire is instantaneous but there is always a fee.