Nacha, The Clearing House and The Federal Reserve—collectively comprising the infrastructure of the ACH Network—announce the successful expansion of Same Day ACH.

It’s anything but a quiet Friday at Nacha. There are some big changes taking effect today (March 19) at the ACH Network: Same Day ACH, Account Validation and economic impact payments.

From the beginning in 2016 to the later hours in 2021, how Same Day ACH has seen a major enhancement every year.

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

Payment volume on the ACH Network experienced record growth in 2020 as the pandemic accelerated the nation’s shift to electronic payments.

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.

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.

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.