NACHA, RPAs File Joint Response to Federal Reserve Board RFC on Enhancements to FedACH SameDay Service

Posted July 2, 2015

NACHA and the Regional Payments Association filed a joint comment letter in response to the Federal Reserve Board’s request for comment on proposed enhancements that the Federal Reserve Banks are considering to their current, optional FedACH® SameDay Service. The enhancements correspond to NACHA's Same Day ACH rule that was approved by NACHA's voting Membership on May 18, 2015. NACHA was joined by all 13 Regional Payments Associations in signing the comment letter.

The Federal Reserve Board's request for comment period closes on July 2, 2015.  For more information, visit the Federal Reserve's website.  
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