Effective: 2020-03-20
This new rule increases the Same Day ACH per-transaction dollar limit to $100,000 and will become effective on March 20, 2020.
Details
Increases the per-transaction dollar limit for Same Day ACH transactions to $100,000
Currently, Same Day ACH transactions are limited to $25,000 per transaction
Technical
The following changes to technical language represent modifications to the Nacha Operating Rules to adjust the per-transaction dollar limit to $100,000 for Same Day ACH entries:
Article Eight, Definitions of Terms, Section 8.99 Same Day Entry
Appendix Three, Glossary of Data Elements, Settlement Date
Appendix Ten, Rules Enforcement, Subpart 10.4.6 ACH Rules Enforcement Panel
Effective Date: 2020-03-20 12:00 am
