2020 Operation Bulletin Same Day ACH 
PYMNTS
MARCH 13, 2019
In September of 2018, NACHA said it would expand same day ACH transactions and establish a “new window” that would “allow Same Day ACH files to be submitted until 4:45 p.m. ET (1:45 p.m. PT), providing greater access for all ODFIs and their customers.”. The new rule was agreed upon and passed on Sept.
PYMNTS
MARCH 18, 2019
First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. Same Day ACH and the card rails – both of which allow for money to move fast into consumer and business bank accounts for every consumer with a debit product.
Expert insights. Personalized for you.
76 
Let's personalize your content