NEWS on Payments

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New Same Day ACH window in effect this month

Mar 05, 2021

Nacha's new rule allowing Same Day ACH transactions to be submitted to the ACH Network for an additional two hours every business day takes effect on at 4:45 p.m. (Eastern time) Friday, March 19.

Background: Originators currently must submit Same Day ACH transaction files to ACH operators by 2:45 p.m. ET (11:45 a.m. PT).

Impact: The change will give banks and originators more flexibility to send faster payments throughout the day, leading to enhanced faster payment capabilities nationwide.

More: Nacha offers more information on the change, which is reflected in the FedACH processing schedule.