Same Day ACH Possibilities in 2020 and BEYOND

Recently approved amendments to the NACHA Operating Rules are expanding Same Day ACH by adding an additional window in which Same Day ACH (SDA) Entries can be transmitted, so what does this mean for the ACH network and the participants?  This session will outline the upcoming changes and identify the impacts for the Originator, the ODFI and the RDFI.

Another change taking place with the Rules is to increase the dollar limit on a single SDA Entry from $25,000 to $100,000; this will affect the network by adding more Entries (most likely B2B payments) into the network. Discussion during this session will include the impacts to the business and electronic payments going forward and how participants can take advantage of this change and benefit from making this a service available to their business customers.

In addition, details on how the change to the funds availability for both SDA and non-SDA entries will affect the RDFI when processing ACH transactions and remaining in compliance with the changes to the NACHA Operating Rules in the near future.

• Outline the timing with adding the third processing window for SDA Entries
• Identify the impacts to the participants with this new amendment on expanding SDA
• List the possibilities that become available with the increase in dollar limit for a single SDA Entry
• Define the process involved with adding an additional processing window for SDA when it comes to procedures and Rules compliance
• Provide timing for the RDFI to follow with the “faster” funds availability for both SDA and non-SDA Entries with this newly adopted Rules change
• Describe the potential impact to exception processing with the changes to Same Day ACH

• Compliance Officers
• ACH Managers
• Electronic Payments Professionals
• AAP’s – keeping up with changes in ACH Rules and wanting to earn AAP Continuing Education Credits

Donna K Olheiser, AAP, is the vice president of Education Services and founder of Dynamic Mastership, LLC. Donna is an enthusiastic and energetic Certified Master Trainer with over 14 years’ training experience. She has designed and facilitated over 100 training sessions each year with her expertise being the rules for companies and financial institutions when processing specifically ACH electronic payments, then scheduling the training events to facilitate/deliver the material through a variety of venues (webinars, teleseminars, in-person workshops, including regional and national conferences). Donna has over 24 years of experience in the financial services industry which includes 9 years’ experience as the education service director at a Regional Payments Association (RPA), where she managed and facilitated the entire education program for nearly 800 financial institution members. Prior to that, Ms. Olheiser spent 14 years in various departments with the Federal Reserve Bank of Minneapolis and also holds the Accredited ACH Professional (AAP) designation (achieved in 2004).