Remove Federal Reserve Remove ODFI Remove Operation Bulletin
article thumbnail

NACHA Postpones Same-Day ACH Window Due To Fed Board

PYMNTS

NACHA, national administrator of the ACH network, said a third processing window for same-day transactions will be postponed for six months until the Federal Reserve Board of Governors (Fed Board) approves the initiative. PT), providing greater access for all ODFIs and their customers.”. ET (1:45 p.m.