Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
Same Day ACH changes due in March
FRBServices has posted a notice that the countdown to the March 19, 2021, new processing window for Same Day ACH now stands at six months. The ACH Rules change, initially announced in September 2018, will establish a third and later same day ACH processing and settlement window with a settlement deadline of 4:45 p.m. ET and settlement at 6 p.m. ET. In support of the new processing window, the Federal Reserve Board approved modifications to FedACH®Services, National Settlement Service (NSS) and Fedwire® Funds Service to also be implemented in March 2021.
To assist its customers with preparations and implementation of the new Same Day ACH processing window, FRBServices has released:
- The updated FedACH processing schedule that will be effective March 19, 2021
- The new settlement advice numbers
- Updates to its Same Day ACH Resource Center
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