COMMENTS DUE FRIDAY, DECEMBER 13

Nacha seeks comments on the next proposed enhancements to Same Day ACH and faster funds availability.  The two proposals are to: 1) establish a fourth daily Same Day ACH window that aligns with the close-of-business in the Pacific Time Zone; and 2) provide faster funds availability for some non-Same Day ACH credits. The proposals do not propose ACH processing on weekends and holidays and do not require additional settlement hours to take effect.

Nacha also seeks industry feedback on other topics related to faster ACH that could serve as the basis of future Rules proposals: 1) whether the Nacha Rules should be amended to eliminate the use of 2-day ACH credits; and 2) what steps can the industry take to better utilize the same-day processing of ACH returns?

ePayResources submits comments on Nacha proposals on behalf of its membership through the work of our Rules and Operations Committee. Additionally, Nacha encourages responses from ACH Network participants and interested parties. Comments on all topics are requested by Friday, December 13, 2024.

Click Read More below for complete details and instructions for commenting.