September 18, 2020 (Updated October 5, 2020)
The countdown to the March 19, 2021 new processing window for Same Day ACH now stands at six months. The ACH Rules change, initially announced in September 2018, will establish a third and later same day ACH processing and settlement window with an input processing deadline of 4:45 p.m. ET and settlement at 6 p.m. ET. In support of the new processing window, the Federal Reserve Board approved modifications (Off-site) to FedACH® Services, National Settlement Service (NSS) and Fedwire® Funds Service to also be implemented in March 2021.
In order to assist our customers with preparations and implementation of the new Same Day ACH processing window, we have published:
Information surrounding the March 19, 2021, expansion of Same Day ACH can also be found on Nacha’s Same Day ACH Resource Center (Off-site). Stay tuned to both resource centers in the coming months for updated information.