Recent approved amendments to the NACHA Operating Rules include expanding Same Day ACH functionality. These changes will affect day-to-day ACH processing in 2019 and 2020.Included will be details on an RFC from NACHA on ACH Messaging Entries and how these could be utilized in the ACH Network. How this may affect exception processing in the future will be discussed.In addition, other proposed changes could affect the Annual ACH Rules Compliance Audit and Appendix 8; including other related topics on ACH Quality and Risk Management.
Each participant in the ACH Network is required to be in compliance with the NACHA Operating Rules. This session will provide the details on the recently approved amendments on enhancing Same Day ACH (SDA) (effective in 2019 and 2020).Included will be specifics on “potential” Rules Changes based on recent proposals by NACHA (National ACH Association). The trainer in this session will identify not only the possible changes to the NACHA Operating Rules but how this could affect you as a participant in the ACH Network.