The second phase of same day automated clearing house (ACH) rollout has a Sept. 15 effective date, and NACHA- The Electronic Payments Association has released a list of recommended action items to be performed before that date. All financial institutions must be prepared to receive same-day ACH debits by Sept. 15, even if not originating them.
NACHA emphasizes that “even those not planning to use same-day processing for ACH debits should take reasonable care to prevent unintentional same-day ACH debits."
Other action items include:
More details, including discussion items, examples and additional resources, can be found on NACHA’s website.