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ACH Rules Update

Thursday, March 12, 2020 2:00 PM - 3:30 PM


Nacha expanded Same Day ACH! Financial institutions and their customers can make more use of Same Day ACH through expanded hours and a higher dollar limit. The On- Demand module shares what the changes are and how they will affect your financial institution. Other topics of discussion include an amendment to add debit WEB Originator's requirement to perform a commercially reasonable method of account validation and a new unauthorized Return Reason Code. To help you plan for implementation, we will list the potential impacts to Receivers, Originators, ODFIs, and RDFIs.

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