Remove 2017 Remove ACH Entry Remove Origination
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Securing The Speed Of Securities Transactions

PYMNTS

With the securities industry putting the final touches on its planned move to T+2 settlement later in 2017, there seemed to Stone to be an opportunity to update the role of ACH in the securities settlement process. Thus far, he added, Same Day ACH has proved to be, for United Bank, a relatively low-impact event.

Reg E 46
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Taking The Y2K Fear Factor Out Of Same Day ACH

PYMNTS

Phase One of the Same Day ACH rollout that made credit transfers a reality was completed last year. Phase Two, which will allow debit transactions on the same day, is planned for September 2017. The third phase, which will usher in faster ACH credit funds availability, is on track to occur in March 2018.