This service accomplishes processing, editing, distributing, and settling of most types of ACH forward payments during the current processing day. All types of SEC code transactions, both debit and credit payments, can be sent via the FedACH SameDay Service with the exception of International ACH Transactions (IAT), Check Truncated Entry (TRC) and Check Truncated Entries Exchange (TRX) transactions.
The FedACH SameDay Service may be utilized by FedACH customers only and is available on an opt-in basis for Originating Depository Financial Institutions (ODFIs) and Receiving Depository Financial Institutions (RDFIs). Opt-in status may be changed monthly.
Request that we contact you regarding the FedACH SameDay Service.
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