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#2282160 - 03/13/23 05:15 PM ACH
Anonymous
Unregistered

We have ACH deposits that are pending from some of the banks in the news that have recently been shut down or closed their doors.

What happens if we accept these ACHs and make funds available to our customers? Do we risk non-payment?

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#2282162 - 03/13/23 06:03 PM Re: ACH Anonymous
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,228
Galveston, TX
Since the Feds are making all uninsured deposits good, I do not see what the worry might be.
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#2282191 - 03/13/23 07:39 PM Re: ACH Anonymous
Andy_Z Offline
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Andy_Z
Joined: Oct 2000
Posts: 27,748
On the Net
I think you're better off than you were a week ago.
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AndyZ CRCM
My opinions are not necessarily my employers.
R+R-R=R+R
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell

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