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Same-day ACH and pre-notifications

Question: 
Is there an indicator in the entry that designates it as a same-day transaction?
Answer: 

There is no special SEC or other special indicator that an entry is same-day. Instead, entries will be processed using the effective entry date. So if you have any businesses who default to the date they submit their file to you, and that file is submitted to the ACH Operator during the same-day ACH window, it will go through as a same-day file, regardless if that is your (or your business’) intent, and will be charged accordingly.
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Learn more about Rayleen’s webinar Same-Day ACH: Are you ready?

First published on 07/17/2016

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