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.
February 10, 2020
Most of us know the tremendous value of Direct Deposit (especially when payday rolls around). But sometimes it’s good to get it on the record, which is exactly what Nacha did recently.
February 3, 2020
The ACH Network had an impressive 2019, with 24.7 billion payments valued at $55.8 trillion. The annual growth rate reached a 12-year high.
January 21, 2020
The ACH Network closed out 2019 with a strong final quarter featuring impressive growth across several areas, particularly Same Day ACH.
January 21, 2020
The Same Day ACH higher dollar limit is coming in March. But now is the time for ODFI's to be talking to their customers.
January 9, 2020
The March 19, 2021 effective date for the new Same Day ACH processing window is confirmed.
January 8, 2020
With a higher dollar limit coming to Same Day ACH, there's a lot for Originators to consider, including an anticipated jump in using Same Day for B2B.
December 23, 2019
As the steward of the ACH Network, Nacha applauds the Federal Reserve Board of Governors’ approval today of the extension of the National Settlement Service operating hours, which is necessary for the expansion of Same Day ACH. With the issuance of the notice today by the Board of Governors, Nacha confirms that the effective date of the expansion of Same Day ACH is March 19, 2021. Same Day ACH is a faster payment option that reaches all U.S. banks and credit unions.
November 25, 2019
Same Day ACH volume - updated quarterly.
October 30, 2019
The modern ACH Network had a most impressive third quarter. Nacha President and CEO Jane Larimer takes a closer look at how the ACH Network is thriving.
October 22, 2019
October 14, 2019
ACH Network payment volume and Same Day ACH payment volume both soared in the third quarter of 2019. The 6.2 billion ACH payments in the third quarter is an increase of 9.5% from a year earlier. There were 3.6 billion debit transactions and 2.6 billion credits. Those payments were valued at $14.1 trillion, which is nearly 11% more than the third quarter of 2018.