Posted February 9, 2015Same Day ACH is an essential step to move payments faster, and to provide an option for the millions of ACH payments made every day. We are pleased to have been able to take action and move it forward with a public Request for Comment (RFC).
The RFC on Same Day ACH closed on Friday, February 6, and NACHA received more than 200 responses. Following a thorough review of these many responses over the coming weeks, we will share a summary of comments on our website.
We are moving forward with Same Day ACH, leveraging our standard rulemaking process. NACHA is engaging our Rules and Operations Committee, comprised of representatives from the broad financial services industry, to help us refine the Rule based on the comments we received. It is our goal to issue a ballot to adopt the refined Same Day ACH Rule in Q2 2015.
For more information on Same Day ACH, visit nacha.org/same-day-ach.