Updates to the ACH Rules

When:  Nov 5, 2018 from 14:00 to 15:00 (ET)

Event Details*
Monday, November 5, 2018
2:00 pm - 3:00 pm
Replay On Demand; 1.2 AAP CEU Eligible

Event Registration**
Member Price:         $195.00
Non-Member Price:  $295.00

Same Day ACH will be enhanced to meet ACH end-user needs. What does this mean for RDFIs and ODFIs?

NACHA’s voting membership has approved three new rules to expand the capabilities of Same Day ACH for all financial institutions and their customers. The first expands access to Same Day ACH by allowing Same Day ACH transactions to be submitted to the ACH Network for an additional two hours every business day. The second increases the Same Day ACH per-transaction dollar limit to $100,000. The third increases the speed of funds availability for certain Same Day ACH and next-day ACH credits.

The modifications will not only be a benefit to ODFIs across the country but it will also have processing implications for RDFIs. In this session, Sean Carter will discuss how to apply these rules to your institution's payments strategy, how to comply with the modified rule, and how to stay competitive in the ever-changing payments landscape.

Speaker: Sean Carter, President & CEO, NEACH


*Please note that the access information will be sent to you in a separate email upon receipt of payment.  Access information and support are only provided during normal business hours.
** This event is part of the NEACH Education Club.  Members who join the Club save $65 off the cost of this event.

Location

Replay On Demand