Category ACH Debit Transactions

Forthcoming Changes to ACH Debit Posting

Continuing the evolution to electronic payments, the Federal Reserve Board has proposed new rules that would alter the timing of ACH transfers (automated clearinghouse).  As the notice of proposed rulemaking explains, ACH debit transactions post at 11:00 a.m. (Eastern) and ACH credit transactions post at 8:30 a.m. (Eastern).  The Federal Reserve Board previously delayed the […]