During this webinar discussion on the newly adopted amendments to the NACHA Operating Rules surrounding Same Day ACH (SDA). These amendments will impact all participants in the network, particularly the adding of a third processing window for SDA transaction (adding an additional two hours to the schedule).
With an additional two hours for SDA, processes for the RDFI that they are required to make SDA credit Entries available for withdrawal by 5:00 pm local RDFI time? This session will outline the upcoming changes and identify the impacts for the Originator, the ODFI and the RDFI.
Discussion during this session will include the impacts of raising the dollar limit for SDA transactions to the business and electronic payments going forward and how participants can take advantage of this change and benefit from making this a service available to their business customers.
In addition, details on how the change to the funds availability for both SDA and non-SDA entries will affect the RDFI when processing ACH transactions and remaining in compliance with the changes to the NACHA Operating Rules in the near future.
Recently approved amendments to the NACHA Operating Rules are expanding Same Day ACH by adding an additional window in which Same Day ACH (SDA) Entries can be transmitted, so what does this mean for the ACH network and the participants?
Another change taking place with the new SDA Amendments to the Rules is to increase the dollar limit on a single SDA Entry from $25,000 to $100,000; This will affect the network by adding more Entries (most likely B2B payments) into the network.