NACHA Reminder: Faster Funds Availability

The Change:  Funds from non-same day ACH credits will be available by 9:00 a.m. RDFI’s local time on the settlement date, if the credits were available to the RDFI by 5:00 p.m. local time on the previous day (i.e., apply the existing “PPD rule” to all ACH credits).

The Impact: Merchants processing ACH transactions

The Timing: Beginning September 20, 2019