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Automated Clearing House

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The nationwide ACH (Automated Clearing House) network allows your funds transfers to be conducted with a high degree of efficiency and reliability, which can reduce losses due to check fraud and data entry errors, and make it easier to capture early payment discounts.

Payables – ACH transfers

This solution saves you the time and expense of writing, processing, mailing and reconciling checks – and is especially ideal for handling recurring disbursements such as payroll direct deposits, tax, and business-to-business payments.

Same-Day ACH

Are you always looking for ways to improve efficiencies and reduce costs? We can provide you with a payment option that meets those needs, allowing you to move money faster than ever.

Same-Day ACH (Automated Clearing House) offers the capability to send and deliver payments same day to meet the fast-paced customer and industry demands. While not designed to replace traditional ACH transactions such as weekly payroll, Same-Day ACH expedites payments when needed.

Is Same-Day ACH right for my business?

Do you frequently have last-minute payroll changes?
Do you prefer to pay invoices on their due date?
Do you have a large amount of hourly employees?

How does it work?

The processing deadline for Same-Day ACH is 11 a.m. ET to receive settlements by 5 p.m. at the receiving bank’s local time.

All ACH transaction types are eligible with the exception of international transactions. Transactions are limited to $25,000 per item.

Ready to get started or have additional questions? Contact your Treasury Management Sales Specialist.

Same-Day ACH is ideal for clients wanting more flexibility.

Benefits	Advantages to your business
Same Day Payroll	Pay hourly employees on last day of pay period Pay bonuses and emergency payrolls Keep payroll on schedule even with last-minute changes
Reduce Payment Costs	Eliminate the cost of checks (supplies, postage, etc.)
Shorter Processing Time for Invoices	Schedule invoice payments on due date Pay late invoices quickly Fast payments for emergency goods or services
Elevate Your Customer Experience	Offer same-day claims and reimbursements Allow suppliers to receive payment faster Provide same-day bill pay service

Frequently Asked Questions

Is there a fee to originate Same Day ACH items?
Yes, there is a fee to originate same-day transactions. For detailed pricing contact a Treasury Management Sales Specialist.

What requirements need to be met in order to originate same-day ACH transactions?

Abide by NACHA Rules.
Ensure that all same-day files submitted have an Effective Entry Date equal to or prior to the file submission date.
Submit the same-day file prior to the published same-day processing submission deadlines.

Can I process both same-day and next day ACH files/transactions?
Yes, you can send both same-day and next day ACH files/transactions for processing. You would use the Effective Entry Date to distinguish which batch of transactions is same-day and which is next day.

Where can I get more information on the Same Day ACH Rule?
For more information about Same Day ACH, refer to NACHA Rules, or contact a Treasury Management Sales Specialist.