The Traderszone Network

Published in TZ Latest News 12 July, 2016 by The TZ Newswire Staff

NACHA On The Hill: Inside Same Day ACH

In May 2015, NACHA received approval from its membership to amend the NACHA Operating Rules to add two new settlement windows that enable same-day settlement and posting for ACH transactions. Any originating institution can offer products that clear on the same day, knowing that all receiving institutions will be required, per the rule change, to process the transactions that same day.

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