Same Day ACH Resource Center

144 results

(Podcast) Same Day ACH in 2020: Constant Growth & Continued Improvements

September 17, 2020
With paper check use declining and electronic payment methods on the rise, the ACH Network has grown tremendously in recent years. A recent PaymentsJournal podcast unpacked how this growth continued into 2020, even as the pandemic disrupted regular economic activity. In fact, the pandemic underscored just how reliable and valuable the ACH Network is to commercial and economic activity.
Blog

Same Day ACH: New Dollar Limit Not a Fraud Vector

August 31, 2020
Business Email Compromise is a major concern today, but it appears that the recent enhancement to Same Day ACH has not resulted in any increase in criminal activity, an informal Nacha survey found.
Blog

ACH Operators Announce Third Same Day ACH Processing Schedule

February 18, 2020
Following Nacha’s confirmation of March 19, 2021, as the effective date for the new, third Same Day ACH window, The Clearing House and the Federal Reserve Banks, as the two ACH Operators, have agreed on the following processing schedule. The deadline for the receipt of originated Same Day ACH payments from originating depository financial institutions (ODFIs) will be 4:45 p.m. Eastern Time; the target distribution time for the output to receiving depository financial institutions (RDFIs) will be 5:30 p.m. ET; and settlement will occur at 6:00 p.m. ET.
Announcement