NACHA Updates

NACHA Updates and Upcoming Changes


Same-Day ACH: Moving Payments Faster (Phase 3)
EFFECTIVE 3/16/2018

Beginning March 16, 2018, RDFI's will be mandated to make funds available from same-day ACH credits (such as payroll direct deposits) to their depositors by 5:00 pm at the RDFI's local time.

ODFI's are able to submit files of same-day ACH payments through two new clearing windows provided by the ACH operators:

  • A morning submission deadline of 10:30 am ET, with settlement occurring at 1 pm ET. 
  • An afternoon submission deadline of 2:45 pm ET, with settlement occurring at 5 pm ET. 

Virtually all types of ACH payments, including both credits and debits, are eligible for same-day processing. Only international transactions (IAT's) and high-value transactions above $25,000 are not eligible.

 

Expanded Access to Same Day ACH
NACHA has approved three new rules to expand the capabilities of Same Day ACH for all financial institutions and their customers which will allow them to make better use of Same Day ACH through expanded hours and a higher dollar limit.
EFFECTIVE 9/20/2019
Faster Funds Availability
  • An increase to the speed of funds availability for certain Same Day ACH and next-day ACH credits. 
EFFECTIVE 3/20/2020
Increase in per-transaction dollar limit
  • An increase of the Same Day ACH per-transaction dollar limit to $100,000 (up from $25,000). 

EFFECTIVE 3/19/2021
New Same Day ACH processing window with expanded hours
  • Allow Same Day ACH transactions to be submitted to the ACH Network for an additional two hours every business day.


FOR MORE INFORMATION, CLICK HERE TO VIEW THE NACHA OPERATING RULES AND BULLETINS, OR CONTACT YOUR CORPORATE TREASURY SERVICES SALES REPRESENTATIVE.