NCUA Releases Letter to CUs Regarding Same-Day ACH Payments
The letter reviews the steps credit unions should be taking in order to be ready for the Same-Day ACH payments that will become effective this Friday, September 23rd.
The letter reviews the steps credit unions should be taking in order to be ready for the Same-Day ACH payments that will become effective this Friday, September 23rd.
The plan will result in three daily settlement windows, allowing same-day processing of 99% of ACH payments.
Same day automated clearing house transactions; your question on aggregating cash in and out transactions answered; plus legal briefs.