Same Day ACH Resource Center

139 results

Ubiquitous Same-Day Clearing & Settlement for ACH Payments

November 11, 2015

NACHA estimates Same Day ACH payments will be generated from 10 primary use cases and 63 sub-use cases, including same-day payrolls, expedited bill payments, business-to-business (B2B) payments, and account-to-account (A2A) transfers.


Implementation and Readiness Vendor Letter

November 9, 2015

Shareable letter by NACHA President and CEO Janet O. Estep to providers of ACH and demand deposit account processing services outlining the potential impact of Same Day ACH on processors to help ensure Same Day ACH readiness.


Opportunity is Knocking, Will You Answer?

September 24, 2015

Sam Tuohey, executive vice president and chief operating officer of KeyPoint Credit Union says Same Day ACH marks the largest improvement in financial services infrastructure in decades - since the advent of online banking and debit/point of sale. 


One of the biggest changes in the last 45 years in U.S. payments systems happened recently, and it went unnoticed by major media.

Case Study 

Federal Reserve Same Day ACH Resource Center

September 23, 2015

The Federal Reserve Bank Services' Same Day ACH Resource Center includes important information about the impact of Same Day ACH on FedACH® Services.


On Sept. 23, 2015, the Federal Reserve Board announced its approval (Off-site Link) of changes to FedACH Services in support of NACHA’s Same Day ACH Rule that was passed in May 2015.


It's Time for the Industry to Embrace Phased-In, Same Day ACH

August 17, 2015
Pat Thelen, executive vice president of Treasury Management, Capital Markets and International Banking at UMB Bank, calls for the industry to embrace phased-in, Same-Day ACH. -- Banking is the sector at the highest risk of game-changing market shifts. According to the Millennial Disruption Index, millennials believe payments innovation will come from outside their bank, with nearly half showing more confidence in what startups and technology companies add to payments than what their banks do.

Checklists for Implementation

July 1, 2015

Same Day ACH implementation checklists for Originating Depository Financial Institution (ODFIs), Receiving Depository Financial Institution (RDFIs) and Third-Party Senders.


NACHA Membership Approves Same Day ACH

May 19, 2015
The NACHA voting membership approves Same Day ACH, an amendment to the NACHA Operating Rules, which will move payments faster. -- Industry Comes Together to Move Payments Faster on the ACH Network HERNDON, Va., May 19, 2015 - NACHA —The Electronic Payments Association ® announced today that its voting membership approved Same Day ACH, an amendment to the NACHA Operating Rules to move payments faster.

Optional Same Day ACH Indicator

May 19, 2015

An ODFI could, at its discretion, require one or more of its Originator to use discretionary data within the Batch Header Record to further show intent for same-day settlement.  While each ODFI could determine on its own how to accomplish this, practically speaking, a standardized approach would be more efficient for ODFIs and their Originators to use, even as it remains optional from an ODFI’s perspective. This Guidance details the standardized approach to the optional indicator.