In The Clearing House Payments Company L.L.C. (“The Clearing House”) submitted a comment letter on Nacha’s proposal to increase the Same Day ACH transaction limit from $1 million to $10 million. A majority of The Clearing House’s member institutions support the proposal, though views are not unanimous. The Clearing House in its capacity as operator of the EPN® ACH network did not take a position for or against the proposal. In addition, the letter highlights the potential that the increase could introduce meaningful risks associated with unanticipated, high value debits that settle in the third Same Day ACH window. To the extent the proposal advances, The Clearing House encourages Nacha to provide industry education about the impact of the change, including the need for adequate liquidity planning and risk controls. To read the full letter click here.