Increasing the Same Day ACH Dollar Limit

Effective Date

Rule Status

Rule Status
Implemented

This rule is a major enhancement to Same Day ACH, as the dollar limit per payment quadruples to $100,000. Among the many uses of Same Day ACH, B2B payments are expected to reap some of the biggest benefits. Nacha estimates 97% of all ACH B2B payments are now eligible for Same Day ACH, compared to 91% under the previous $25,000 per payment limit.  Other common uses for Same Day ACH include Direct Deposit payments for insurance claims and disaster assistance.

Details

Details

Increases the per-transaction dollar limit for Same Day ACH transactions to $100,000

  • Previously, Same Day ACH transactions were limited to $25,000 per transaction

  • While the lower limit covered approximately 98% of ACH transactions, there are many use cases for which a higher dollar limit will better enable end users to utilize Same Day ACH.  For example, a higher transaction limit would better enable:

    • B2B payments, in which only approximately 89% of transactions were eligible

    • Claim payments, which are often for larger dollar amounts and are time sensitive in nature

    • Reversals for a larger pool of transactions, including all Same Day ACH transactions

Technical

Technical

The following changes to technical language represent modifications to the 2020 Nacha Operating Rules to adjust the per-transaction dollar limit to $100,000 for Same Day ACH entries:

  • Article Eight, Definitions of Terms, Section 8.99 Same Day Entry

  • Appendix Three, Glossary of Data Elements, Settlement Date

  • Appendix Ten, Rules Enforcement, Subpart 10.4.6 ACH Rules Enforcement Panel

Impact

Impact

EFFECTIVE DATE - March 20, 2020

FAQs Section

FAQs Section
Q. What are the components of the Increasing the Same Day ACH Dollar Limit Rule?

This Rule increases the per-transaction dollar limit for Same Day ACH transactions to $100,000. Currently, Same Day ACH transactions are limited to $25,000 per transaction. While the current limit covers approximately 98% of ACH transactions, there are many use cases for which a higher dollar limit would better enable end users to utilize Same Day ACH. 

Q. What additional uses could be supported by the higher dollar limit?

The higher transaction limit will better enable:

  • B2B payments, in which only approximately 89% of transactions are currently eligible
  • Claim payments, which are often for larger dollar amounts and are time sensitive in nature
  • Reversals for a larger pool of transactions, including all Same Day ACH transactions