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Payments Education

Nacha Rule Change Spotlight: Expanding Same Day ACH

Type: Webinar
Duration: 30 Minutes
Date & Time:

Member Fee: $0
Non-Member Fee: $279
Audience: AAP Candidates, AAPs, ACH Personnel, APRPs, Audit, BSA Investigators_Analysts, BSA Officers, Cash Management, Compliance, Corporate Payments Professionals, Credit_Lending, General ACH, IT Personnel, Operations, Payments Personnel, Payments Strategists, Retail/Frontline, Risk, Risk Managers, Sales, Senior Management, Senior Payments Personnel, Treasury, Wire Personnel

On March 19, 2021, the ACH Network expands access to Same Day ACH by allowing Same Day ACH transactions to be submitted for an additional two hours each business day through a new, third Same Day ACH processing window.

This new window will allow Same Day ACH files to be submitted until 4:45 p.m. ET (1:45 p.m. PT), providing greater access for Originating Depository Financial Institutions (ODFIs) and their account holders.  Currently, the latest that an ODFI can submit files of Same Day ACH transactions to an ACH Operator is 2:45 p.m. ET (11:45 a.m. PT).

Join TCHPA as we discuss the new rule requirements, impacts, and considerations.

Discounted rates will appear when signed in as a TCHPA FI Member or Corporate Subscriber.