Remove ACH Remove Nacha Rules Remove Reg E
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Securing The Speed Of Securities Transactions

PYMNTS

As T+3 was being implemented in the early 90s, the concept of using ACH was raised, but there were two problems that, at the time, were insurmountable. Financial institutions, on the other hand, had no ready way to identify securities settlement transactions from other debits that would be subject to Reg. A Window Of Opportunity.

Reg E 46