NACHA Government Relations Update - Jan. 7, 2016

Posted January 6, 2016

Federal Reserve Announces “Readiness to Expand National Settlement Service Operating Hours”
On Dec. 17, 2015, The Federal Reserve posted a letter announcing that its banks are “now prepared to accept requests from current settlement agents to open the National Settlement Service (NSS) settlement window as early as 9:00 p.m. ET the prior calendar day for the next business day.” Currently, the NSS settlement window opens for each business day at 7:30 a.m. ET. The NSS settlement window closing time will continue to be at 5:30 p.m. ET.

Legislative Tool Kit
House 2016 Calendar (also in bottom right hand bar)
Senate 2016 Calendar (also in bottom right hand bar)​​
 

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