Same Day ACH Resource Center

145 results

Are You Ready? Third Same Day Window Opens March 19

February 16, 2021
The third Same Day ACH processing and settlement window will take effect on Friday, March 19. As of that date, files of Same Day ACH payments may be submitted by an ODFI to its ACH Operator up to two hours later in the day. Are you ready? Same Day ACH Resources To prepare, Nacha wanted to remind you of resources that are available: Expanding Same Day ACH: Rule Background and FAQs Same Day ACH Resource Center End-User Briefing: Same Day ACH Same Day ACH Guidance for RDFIs Same Day ACH Guidance for ODFIs Same Day ACH Guidance for Processors Don't be a File Holder
Blog

ACH Network Volume Climbs 8.9% in Fourth Quarter

January 21, 2021
ACH Growth Gets Boost from Stimulus Payments and Shift from Checks Strong growth continued on the ACH Network in the final quarter of 2020, with 7 billion payments made, an increase of nearly 9% from a year earlier. Combined with data on check payments, the results show the dramatic impact of the pandemic on the use of payments by Americans, businesses and government agencies compared to a year ago, before the pandemic had significantly impacted the U.S.
Press Release

Changes Ahead Mean a Better Experience on the Modern ACH Network

January 12, 2021
Moving the modern ACH Network forward to provide users with the best possible experience is one of Nacha’s most important goals. That’s why the ACH Network is always evolving, and this year will be no different. “2021 is going to be a year full of some great Rules changes, things that help drive our ACH Network forward, increase our volume, and keep it the safe, reliable ACH Network that we all know and love,” said Debbie Barr, Nacha Senior Director, ACH Network Rules Process. During the Jan.
Blog

Don’t Be a File Holder

December 14, 2020
File holders, you know who you are, but for those who don’t, allow us to explain.  Sometimes, organizations originating ACH payments use stale or other invalid dates in the “Effective Entry Date” field. Accidents happen, but some do it routinely or have never implemented the capability to use current Effective Dates.  With ACH payments like that, there’s a choice to be made.
Blog

Nacha Requests Comment on Proposed Increases to Same Day ACH Dollar Limits

December 9, 2020
Nacha is requesting comment on a proposal to increase the dollar limit for Same Day ACH payments.  Complete details, including the Rules Proposal Description, the Modifications to the Rules, the link to comment, and more can be found here. We also invite you to watch our video:
Blog