Removing Barriers Blog

Same Day ACH Comment Letter Filed With NACHA
Posted January 26, 2018 by Chandler Schuette

Earlier today, CUNA filed a comment letter with NACHA addressing the association’s same day ACH questions.  NACHA asked questions about adding a third same day ACH processing window, the possibility of holiday and weekend processing, increasing same day ACH limits and about making funds available faster.  CUNA generally supported adding a third window and expanding limits for some transactions. However, we think that weekend and holiday processing along with faster funds availability needs to be studied more.  We are concerned about utility versus cost for credit unions. 

NACHA has a second survey dedicated just to the weekend and holiday processing issue that must be answered by February 23.