We've implemented Same Day ACH Credits and the time for Debits is coming fast. Let's review the Rule, volume and who's currently using Same Day. We will talk about what types of Debits might be a good fit for Same Day and the impact to Receivers. And of course we will discuss finality. It can't be a Same Day payment if the RDFI doesn't provide same day credit or debit. We'll also provide an update on the Faster Payments Taskforce.
Join us to discuss how this round two will affect your financial institution.
Join us to discuss how this round two will affect your financial institution.
Covered Topics
- Review the key components of the final Rule
- Discuss uses for same day ACH
- Discuss RDFI implementation issues and requirements
- Funds availability
- Settlement issues
- Discuss ODFI implementation issues and opportunities
- Identifying Same Day files
- Agreement updates