NACHA Request for Comment on Expanding Same Day ACH
NACHA released a Request for Comment (RFC) and Request for Information (RFI) on proposed rules to expand Same Day ACH. The deadline for providing comments on the RFC proposals was January 26, 2018. Responses to the RFI to explore industry interest on ACH Processing on Weekends and Holidays are requested by Friday, February 23, 2018
Responses are encouraged from all ACH Network participants and interested parties. Organizations are encouraged to gather and provide feedback on all aspects of the proposals, including any that have impact beyond ACH operations and product management, such as wire operations, and liquidity and reserve management. Documentation and Comment Process
WesPay invites you, if you have not already, to review the materials and respond to the ACH Participant Survey, questions 48 to 59, for the RFI by the deadline of Friday, February 23, 2018
. WesPay asks that when submitting your survey response by email, to please copy email@example.com
. This will allow us to incorporate direct member feedback when preparing our response to NACHA on behalf of our membership.
This Request for Information consists of three documents:Overview of Proposals (PDF)"Expanding Same Day ACH" Presentation (PDF)
– RFI begins on slide 33Participant Survey (Word)
– RFI begins on page 15 with question #48
You can also download a zip file
of all the documents.
These are important posed questions for potential changes to the ACH Network and your feedback as an ACH Network Participant is important. Please provide copies of your response to WesPay at firstname.lastname@example.org
. Members having questions about the proposal are welcome to call our Payments Hotline at (800) 977-0018 or (415) 373-1200.