The ACH Rules change passed in May 2015 provided for the same-day processing and settlement of virtually any ACH payment1. In September 2018, three new rules were approved to expand the capabilities of Same Day ACH as follows:
This resource center presents information about Same Day ACH and the impact on FedACH® Services.
On December 1, 2017, NACHA issued a Request for Comment (RFC) on proposed rules to expand Same Day ACH (Off-site). Review the Federal Reserve Banks’ (PDF) and Board of Governors' (PDF Off-site) responses to the RFC.
The FAQ provide answers to questions on the following topics:
If your question is not covered, please use this form (Off-site) to submit it to us.
The FedACH Processing Schedule effective September 15, 2017 (PDF) shows the transmission windows, target distribution times and settlement schedules for FedACH Services and the FedACH SameDay Service.
FedACH Services offers reports and alerts that can help your institution pinpoint same day ACH entries.
The following are detailed processing scenario examples applicable to Same Day ACH. Please see also the additional processing scenarios contained in the FAQs.
NACHA's Updates and Upcoming Changes page (Off-site) includes information about the three new rules approved to expand the capabilities of Same Day ACH for all financial institutions and their customers. Included for each phase are additional details as well as the technical Rules updates and the impacts by party (e.g., ODFI, RDFI, Originators/Third Parties). The Same Day ACH Resource Center (Off-site) provides the latest information for the ACH industry including quarterly statistics, implementation checklists and testing tips and a variety of guides and educational documents.
If you have questions, please contact FedACH Customer Support at (877) 372-2457.
1 The Board’s Sept. 23, 2015, approval (Off-site Link) of changes to FedACH Services in support of the ACH Rules change extends to each of the discrete phases of the rule's implementation.