Same Day ACH (SDA) was rolled out in three phases between September 2016 and March 2018, giving Originators and ODFIs the option to send and settle payments on the same day for a small fee. Amendments to the Nacha Operating Rules then expanded it with a third processing window and raised the dollar limit for a single SDA entry.
This 90-minute Same Day ACH webinar explains what these changes mean for Originators, ODFIs and RDFIs, outlining both the opportunities and the impact on ACH operations and processing.
You'll review the timing of the third window, the possibilities opened up by the higher per-entry limit, the procedures and rules compliance involved, and the effect on exception processing.
Raising the single SDA entry limit from $25,000 to $100,000 brings more entries, most likely B2B payments, into the network. Institutions can benefit by offering SDA to business customers, while RDFIs must apply the faster funds availability rules for SDA and non-SDA entries in posting.
This session suits ACH and banking operations staff, compliance and risk professionals, treasury management, AAPs, originating companies, banking managers and ACH auditors.
Raising the single SDA entry limit from $25,000 to $100,000 brings more entries, most likely B2B payments, into the network. Institutions can benefit by offering SDA to business customers, while RDFIs must apply the faster funds availability rules for SDA and non-SDA entries in posting.
This session suits ACH and banking operations staff, compliance and risk professionals, treasury management, AAPs, originating companies, banking managers and ACH auditors.
Donna K Olheiser
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 …
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