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New capabilities of Same Day ACH become effective over phases to allow financial institutions and businesses to acclimate to a faster processing environment, as well as to ease the implementation effort. Beginning September 15, 2017, Same Day ACH is …
New capabilities of Same Day ACH become effective over phases to allow financial institutions and businesses to acclimate to a faster processing environment, as well as to ease the implementation effort. Beginning March 16, 2018, RDFIs will be mandated to …
Just because it’s summer doesn’t mean everything moves at a slower pace. Certainly not Same Day ACH, which set a record in July. It’s the first month in which Same Day ACH payment volume averaged more than 1 million payments per day. With 21 processing …
Nacha has adopted a Rule to provide a new, ubiquitous capability for moving ACH payments faster. The Rule will enable the same-day processing of virtually any ACH payment. This Rule will improve the overall quality of the ACH Network by reducing the …
HERNDON, Va. , March 20, 2020 – A major enhancement to Same Day ACH begins today, as the dollar limit per payment quadruples to $100,000. “This is one of the most requested changes Nacha has been asked for since Same Day ACH debuted,” said Nacha President …