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Sunday, September 11, 2016

Same Day ACH Payments

Starting September 23rd, 2016 Automated Clearing House (ACH) payments will be able to get paid within the same day. ACH is the system for electronically transferring money between bank accounts.

   • Phase 1: Sept. 23, 2016 
ACH credits can be made on the same day they were processed.

   • Phase 2: Sept. 15, 2017 
Both ACH credits and debits will be able to get processed on the same day.

Robert Ruhno
Director of Social Media
Accounts Payable Professionals Group (APPG)

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