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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 March 16, 2018, RDFIs will be mandated to …
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 …
Nacha has created a chart to help financial institutions using the ACH Network understand the deadlines for both Same Day ACH and traditional ACH. It is available for download as a PDF . …
On March 18, 2022, the per payment limit for Same Day ACH payments climbs to $1 million. This Nacha guidance document will help you prepare. Download …
HERNDON, Va., March 18, 2022 – Same Day ACH enters a new era today as the per payment limit increases to $1 million. “The growth of Same Day ACH in just over five years has been phenomenal as the payments community has welcomed this faster payment …
The holidays are still a few weeks out, but the cause for celebration came a little early for Same Day ACH. During October, the 2 billionth Same Day ACH payment was processed. It’s an impressive milestone for the faster payment method that debuted in …